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There are levels to renovations and rehab: This could make or break a deal, especially when creating value-add in a large multifamily apartment building. Property A: In a trendy city area, the contractor suggests upscale upgrades like fancy countertops and stylish fixtures to appeal to professionals who pay more for luxury. Property B: In a suburban family area, the focus is on practical upgrades like sturdy floors and energy-saving appliances for families who prioritize comfort. Understanding the Market: Each property needs renovations that match what tenants in that area want. Ignoring this can lead to lower rent and needing more money from lenders. Impact on Investment: New investors risk turning a good deal bad by not understanding what renovations are needed. Matching renovations to market demands helps attract tenants and maximize rent without extra costs. Question: What percent rent on investment (ROI) do you expect your rehab/renovation should yield?

🏢 Veris Residential Explores Options for $450 Million Property 💰 Key Highlights: * Veris Residential Inc. is considering a sale or refinancing for their $450 million apartment complex near Jersey City's waterfront. * They have enlisted the expertise of Newmark Group Inc. brokers, led by Adam Spies and Adam Doneger, to market the property located at 200 Greene St. (Jersey City Urby). * The building, completed in 2017, boasts 762 units with an impressive 97% occupancy rate🌟 Why Jersey City? * The area has experienced significant rent growth, attracting residents seeking more affordable options near NYC. * Median rent for a one-bedroom hit $3,300 in September, compared to $4,500 in NYC. 📈 Amenities include: * Pool 🏊♂️ * Gym 💪 * Yoga studio 🧘♀️ * Dog park 🐾 * Just an 8-minute walk to a train station with direct access to NYC. * Retail tenants include Glowbar and Domodomo restaurant. 🍽️ Market Insights: * The commercial-property market is showing signs of recovery following the Federal Reserve's recent interest rate cuts. 📉 * Demand for well-located residential properties is on the rise, while older offices are trading at significant discounts. Other Players in the Market: JPMorgan Chase & Co. and Fisher are also seeking financing of approximately $370 million for their residential project, the Vantage Collection in Jersey City. 🏗️ https://lnkd.in/gPkCCvxn

Melbourne is leading the way for new development in apartments, according to the latest new homes report from PropTrack. In Melbourne, there is an increase of 17.58% (267) new apartment developments listed on realestate.com.au, proportionally much higher than anywhere else. As the graph shows, the next closest location is the Gold Coast which is up 9.67%. Out of the top 10 suburbs with the most new apartment developments, five are in Melbourne: 1. Southbank 2. Melbourne 3. Brighton 4. Armadale 5. South Melbourne This is good news for the city as demand for rental properties continues to grow. “The biggest challenge for the housing market in the coming year is how quickly stock levels can be increased to provide additional housing for the growing population,” said PropTrack. With a lack of inventory of existing properties, investors might consider new developments.

Price Reduced! 📍 . . This phenomenal multifamily development site is located in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is only a few months away from being RTI. This extraordinarily rare opportunity to purchase an oversized, vacant 30,001 sq. ft. R3 Lot in a prime West Los Angeles location allows a developer to build 92 Units with plans in place to construct a 97,964 sq. ft. building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. OM is available upon request. . . For additional information regarding this property or any other listings by Gary Fox, please call 310.202.9166 Ext. 302. You can also reach Gary Fox by email at gfox@mdrealtycorp.com. . . #multifamilyinvestment #justlistedLA #milleranddesatnikrealty #multifamily #santamonicarealestate #westside #realestate #westsideinvestments #californiarealestate #southercaliforniarealestate #losangelesrealtor #multifamilyproperty #multifamilyinvestment #pricereduced #justsoldla #pricereducedla

Calling All Investors and Developers!   The CBRE National Apartment Group – BC is pleased to present the unique opportunity to acquire The Lonsdale Apartments, a well maintained 25 suite rental apartment building with a Penthouse centrally located in the highly desirable Upper Lonsdale Neighbourhood of the city of North Vancouver, BC which is one of Canada’s most desirable cities characterized by its steady population growth and a diverse and robust economy.   The subject property is steps to an abundance of tenant friendly amenities and just steps from what will be the New Harry Jerome Community Recreation Centre which is currently under construction and upon completion will comprise a new state of the art recreational facility scheduled to open in early 2026.   The property is situated on a large corner 14,472 square foot rectangular shaped land parcel, and is ideally suited for an investor or developer to take advantage of the Residential Level 5 Zoning that may allow for a new purpose-built rental building up to 6 storeys and approximately 50 or more rental units. In addition, the recent capital improvements completed to the building by the current Vendor will minimize the capital requirements that a new investor or developer may have to spend on the building during their desired holding period.    Please reach out to our apartment team with any questions or to request additional information on this offering by calling 604-662-5178 or reaching out to any members of our team at Lance Coulson Personal Real Estate Corporation and Sim Waraich. You may also find more info on our custom multi-family website https://lnkd.in/emPNqfP for information on current Listings, Sales, Market Information or to sign up to our email distribution list.   #CBRE #NewListing #NorthVancouver #Apartments #ForSale #Rental #Development #Residential #Investment #Realestate #Investing #Commercial #Lonsdale #BCapartments #Apartmentgroup #VancouverRealEstate #MultiFamilyInvestment 

Many buyers find themselves returning to secure apartments in new developments by the same developer, given assurances they've delivered quality before. This is precisely the case in Newcastle, where Neil Owens recently purchased an apartment at ONE Apartments, the new two-tower project by local builder-developer GWH. It marked Neil's second purchase with GWH. He bought off the plan in SKY Residences, just 650 metres down the road. "I have firsthand experience with the developer's quality, and I believe that, like any reputable developer, they will always strive to make each new building even better," Neil said. Read more below. Author: Joel Robinson ------------ 📣 Was this update of interest to you?🔥 Join 17,000+ of your residential property development colleagues who follow Urban on LinkedIn. We regularly post free insights about: 💡  New project launches and updates 💡  What buyers are searching for on AU’s largest off-the-plan buyer platform 💡  Weekly interviews with industry leaders Follow Urban.com.au or connect with our CEO Mike Bird to keep your finger on the pulse of the apartment and townhouse market.

Wow, small but more affordable #apartments as a result, esp for those who prefer no roommates. At $1600/mo, this competes with #coliving units: "Housing Diversity earlier predicted likely rent at around $1,600 a month [in DTLA]...[They're] is also building an eight-story micro apartment building at 1621 North McCadden Place in Hollywood. Plans call for 69 studio apartments that average 375 square feet and likely rent for around $2,000." #coworking #housingcrisis #housing https://lnkd.in/gD9kepx3

This was a prime investment opportunity in a highly sought-after owner-occupied area, this spacious family home was listed at an attractive purchase price of $435,000. The property offers a fantastic rental income of $530 per week, providing a solid yield of 6.34%, making it a lucrative addition to any investment portfolio. The home boasts four generous bedrooms and two modern bathrooms, ensuring ample space and comfort for tenants. A double garage adds to the convenience, offering secure parking and additional storage space. The property's low vacancy rate of just 1.2% highlights its desirability and the strong demand for rental properties in this location. Located in a well-established neighborhood, this property benefits from a stable and attractive environment, ideal for families. The area's owner-occupied status typically means better-maintained surroundings and a strong community feel, which are attractive factors for potential tenants. This investment not only promises immediate rental returns but also the potential for capital growth in the future. With its combination of affordability, high rental yield and low vacancy rate, this four-bedroom, two-bathroom home with a double garage represents a sound investment in a thriving market. Don’t miss the chance to secure a property that offers both stability and profitability. Reach out to us for an exciting future with the right investments.  ☎️ - 1300513825 📧 - info@cashflowproperties.com.au 🌐 - https://lnkd.in/d5XW2VKc #realestate #realestatelife #realestateinvestor #realestateinvesting #passiveincome #propertyinvestment  #investmentproperty #investment #financialindependence #wealth #rentalproperty #property #financialplanning #passiveincomeinvesting #wealthcreation  #Buyersagentsydney #buyersagentbrisbane #buyersagentqld #buyersagentaustralia

Price Reduced! 📍 . . This phenomenal multifamily development site is located in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is only a few months away from being RTI. This extraordinarily rare opportunity to purchase an oversized, vacant 30,001 sq. ft. R3 Lot in a prime West Los Angeles location allows a developer to build 92 Units with plans in place to construct a 97,964 sq. ft. building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. OM is available upon request. . . For additional information regarding this property or any other listings by Gary Fox, please call 310.202.9166 Ext. 302. You can also reach Gary Fox by email at gfox@mdrealtycorp.com. . . #multifamilyinvestment #justlistedLA #milleranddesatnikrealty #multifamily #santamonicarealestate #westside #realestate #westsideinvestments #californiarealestate #southercaliforniarealestate #losangelesrealtor #multifamilyproperty #multifamilyinvestment #pricereduced #justsoldla #pricereducedla

🏡 Monday Market Update - Oxford, PA 🏡 Exciting news for our Oxford community! Here's the latest update on the local real estate market: - Number of Homes for Sale: Currently, there are 51 homes available for sale. The inventory offers a variety of options, ranging from $165,000 to $1,150,000. - Median Listing Home Price: The median listing home price is $482,800. This showcases the value and appeal of properties in our area. - Median Listing Home Price per Square Foot: At $221 per square foot, this metric provides insight into the cost efficiency and value of homes in Oxford. - Homes for Rent: Two homes are available for rent, with rental prices ranging from $1,000 to $2,200 per month. 🏗️ Note: It's worth mentioning that most homes for sale are new constructions, offering modern amenities and the latest in design and technology. Whether you're looking to buy, rent, or invest, Oxford has something for everyone. If you have any questions or need assistance navigating the market, feel free to reach out. I'm here to help you find your perfect home sweet home! #OxfordPA #RealEstate #MarketUpdate #NewConstruction #HomeBuying #HomeRenting