Multi-Family Residential / Luxury Townhomes & Affordable Housing
Bedminster, New Jersey
Target IRP
9-11%
Equity Multiple
2.0x-2.5x
Asset Type
Multi-Family
Hold Period
Entitle & Sell
Inv. Objective
Growth
Inv. Minimum
$50,000
Target IRP
9-11%
Equity Multiple
2.0x-2.5x
Asset Type
Multi-Family
Hold Period
Entitle & Sell
Inv. Objective
Growth
Inv. Minimum
$50,000
Project Summary
The property is located at 1850 Burnt Mills Road, Bedminster, NJ. This 13-acre property is currently zoned one residence per 10-acre lot. There is a residence, commercial building and barn on the property.
BEDMINSTER MILLS, LLC intends to undertake approval for entitlement rights, for the mixed use development of self-storage, luxury residences with affordable housing on the Property (the “Project”).
DESCRIPTION
Location: Bedminster, NJ – Intersection Rt. 78 & Rt. 287
Total Acreage: Approximately (13) Acres
Schematic Plan: 80 Townhomes, 20 Affordable
Area Overview
