Westfield Arms

Westfield, New Jersey Contact Us

Westfield arms is a 41 unit apartment building located just a couple short blocks from the Westfield train station, and downtown Westfield, which has a vibrant shopping district and good restaurants.

The building is composed of mostly large 1 BR units with a couple 2 BR units and a few studios, built 100 years ago the building is bursting with old world character such as the elevator which is rumored to be the first Otis elevator in the state of NJ. We’re excited to update this spectacular building while keeping the Old world charm.

The town of Westfield is known for vibrant shopping, great schools, proximity to the city, and convenient train access well-being a safe family environment. Westfield arms is conveniently located just two blocks from the train station and in close proximity To grocery stores and much more.

Princeton McKinley

Montgomery, New Jersey Contact Us

Princeton McKinley is a 60-unit senior affordable apartment complex located just two miles from downtown Princeton, nestled within an upscale townhome portfolio. Built in 2001, the property features spacious two-bedroom, two-bathroom layouts and operates under an affordability deed restriction set to expire in 2031. This restriction ensures that the property remains accessible to senior residents while adhering to affordability guidelines during the term.

Since its acquisition, Princeton McKinley has undergone proactive management to ensure it remains a desirable housing option for the senior community. The property’s well-maintained condition and strategic location contribute to its appeal, offering residents convenient access to downtown Princeton’s amenities while enjoying the tranquility of the surrounding neighborhood.

Looking ahead, the property is poised for continued success, with opportunities to adjust operations and enhance its value as market conditions evolve. Princeton McKinley exemplifies thoughtful stewardship and commitment to maintaining quality senior housing in a sought-after area.

248 Roselle

Roselle, New Jersey Contact Us

248 Roselle is a 24-unit apartment building featuring two-bedroom, one-bath units, acquired in July 2021. At the time of purchase, the building required significant upgrades due to years of deferred maintenance. Management immediately addressed critical issues, including a deteriorating roof and an inefficient gas-powered hot water heating system that had caused high utility costs and operational challenges. A new high-efficiency, self-contained electric heating and cooling system was installed, improving energy efficiency and enhancing tenant comfort.

Management has also focused on improving unit interiors. Within the first year, two vacant units were renovated, setting the standard for future upgrades. The continued development in the surrounding area is driving demand, further supporting efforts to modernize the property and maximize its potential. With its proactive management approach and commitment to improving both the property and tenant experience, 248 Roselle has established itself as a well-maintained and desirable community. Ongoing enhancements position the property for long-term success and growth in a competitive rental market.

218 NB

Perth Amboy, New Jersey Contact Us

Located at 218-222 New Brunswick Avenue in Perth Amboy, New Jersey, this 7-unit mixed-use property features four residential units (one three-bedroom and three four-bedroom apartments) and three commercial retail spaces. At the time of acquisition in August 2022, commercial tenants were not contributing to Common Area Maintenance (CAM) or tax payments as outlined in their leases, presenting a significant opportunity for operational improvements.

Strategic enhancements has transformed the property. Additionally, a non-performing commercial tenant was replaced with a long-term lease occupant, bringing greater stability and higher rental income to the property. Renovations on one of the apartments have elevated the unit’s appeal, enabling the property to align more closely with local market expectations.

These targeted improvements reflect a commitment to proactive asset management, enhancing both the residential and commercial spaces while fostering tenant satisfaction. This mixed-use property now stands as a prime example of thoughtful management and the potential for creating value through strategic operational adjustments.

Oak Real Estate Investments

Rahway, New Jersey Contact Us

Oak Real Estate Investments acquired a 12-unit building in Rahway in 2018, recognizing the town’s ongoing transformation fueled by significant downtown development just half a mile away. At the time of acquisition, the building offered immediate potential for improvements. Renovations completed during tenant turnovers included upgrades such as granite countertops, modern cabinetry, and enhanced flooring, bringing the property in line with market expectations and significantly enhancing its appeal.

Within the first few years, these strategic updates resulted in higher rental rates and improved tenant satisfaction. The property continues to benefit from its prime location near the revitalized downtown area, attracting strong demand and supporting steady rental growth. This investment demonstrates the value of proactive property management and thoughtful renovation strategies.

By maintaining a long-term outlook, Oak Real Estate Investments has positioned the property for sustained growth. With ongoing improvements and the vibrancy of Rahway’s expanding downtown, this 12-unit building exemplifies the potential of targeted investments in dynamic markets.