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This New Real Estate Investment Offering Comes With 16.1% Targeted Annual Return

·1 min read

CrowdStreet, a real estate investing platform, is opening a new commercial real estate investment opportunity Tuesday for a light industrial development portfolio in northern New Jersey.

The investment offering, NJ Light Industrial Development Portfolio, will fund the development and stabilization of three properties totaling 173,763 square feet located across infill New Jersey markets.

The New Jersey industrial real estate market’s high barrier to entry makes this a unique opportunity for investors, according to CrowdStreet.

The deal sponsor expects two of the properties to be ready for occupancy by the third quarter of 2022, with the third property being ready by the fourth quarter.

The sponsor’s plan is to lease the three properties and distribute cash flow to investors until it identifies the right opportunity to sell the portfolio at a profit.

Investment Highlights

  • Targeted Investor IRR: 16.1%

  • Targeted Equity Multiple: 1.8x

  • Targeted Average Cash Yield: 7%

  • Targeted Investment Period: 4 years

Deal Sponsor

The deal is being sponsored by Denholtz Properties, a fully integrated real estate development, investment and management firm.

See also: How to Invest in Real Estate Online

The firm has a proven track record with similar projects in markets such as New Jersey, Florida and Chicago.

You can find more details on this opportunity, as well as other crowdfunding offerings on CrowdStreet’s investment platform.

Photo: courtesy of CrowdStreet.

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