15 - A 52 unit A class apartment building with a 12% IRR in Franklin Lakes NJ - How we evaluated it

The New Jersey Real Estate Investor
03/11/2025 46 min Episodio 15
15 - A 52 unit A class apartment building with a 12% IRR in Franklin Lakes NJ - How we evaluated it

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Episode Synopsis

In this episode Pete brings on one of his partners, John Park and they break down a 52 unit A class apartment building in Franklin Lakes, NJ. Franklin Lakes is one of the wealthiest towns in NJ and this building they are looking to syndicate was built only 3 years ago. Listen as they evaluate the building and explain how a syndication works and why they will or will not move forward on this deal.

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