Active
Portfolio
SJI CORE VALUE
Highlights
Year Acquired:
2017-
Purchase Price:
$5,762,000
Cash Invested:
$1,325,260
Assesed Sale Price:
$11,000,000
Number of Units:
86
Total Appreciation of Property
91%
Annualized Return
76%
This 86-unit complex is comprised of 3-bed, 1-bath units. Currently, the property has a projected assessed value of $7,310,000, which is already a 21% increase from the original $5,762,000 purchase price.
Wildwood Acres
Kenton Apartments
Highlights
Year Acquired:
2019-
Purchase Price:
5,150,000
Cash Invested:
1,800,000
Assessed Sale Price:
$6,804,000
Number of Units:
84
Total Appreciation of Property
32%
Annualized Return
21%
The 84-unit (all 2-bedroom) property spreads throughout four buildings in the Kenmore and Tonawanda, New York area. In 4 years, rents have increased by nearly 25% since the buildings were purchased in 2019 by a group of investors.
The 60-unit complex is a well-kept property in Niagara Falls, NY. Acquired in 2019, Silver Lake currently provides a +65% IRR. Rents have grown by nearly $300 since the acquisition.
Highlights
Year Acquired:
2019-
Purchase Price:
$2,250,000
Cash Invested:
675,000
Assessed Sale Price:
$4,000,000
Number of Units:
60
Total Appreciation of Property
73%
Annualized Return
70%
Silver Lake Apartments
Brookside Commons
Brookside Commons
Highlights
Year Acquired:
2019-
Purchase Price:
5,150,000
Cash Invested:
1,800,000
Assesed Sale Price:
$6,804,000
Number of Units:
15
Total Appreciation of Property
21%
Annualized Return
24%
A 15-unit property in Wheatfield, NY, has already appreciated 21% since acquiring the property in 2019. Rents have increased steadily from $690 to $990. Monthly coupons are sent to valued investors.
Total Appreciation of Property
73%
Annualized Return
70%
The 28-unit duplexes are comprised of identical 3-bedroom 1 1/2-bath properties. Initially purchased in 2008, rents have climbed nearly 30% since 2014. As a result, the total property value has more than doubled.
Highlights
Year Acquired:
2007-
Purchase Price:
$1,600,000
Cash Invested:
$40,000
Assessed Sale Price:
$4,680,000
Number of Units:
26
Amherst Duplexes
SJI CORE VALUE
Closed
Portfolio
SJI CORE VALUE
3
Somerville Plaza
Total Appreciation of Property
66%
Annualized Return
27%
Highlights
Year Acquired:
2008-2019
Purchase Price:
$535,000
Cash Invested:
$144,450
Sale Price:
$890,000
Number of Units:
10
Total Appreciation of Property
15%
Annualized Return
20%
Carousel Woods Apts.
Highlights
Year Acquired:
2010-2013
Purchase Price:
$480,000
Cash Invested:
$130,000
Sale Price:
$553,1000
Number of Units:
15
Total Appreciation of Property
82%
Annualized Return
194%
Pine Avenue Apts.
Highlights
Years Held:
2019-2020
Purchase Price:
$220,000
Cash Invested:
$66,000
Sale Price:
$400,000
Number of Units:
10
Total Appreciation of Property
34%
Annualized Return
29%
Highlights
Year Acquired:
2006-2017
Purchase Price:
$600,000
Cash Invested:
$138,000
Sale Price:
$805,000
Number of Units:
2
Woodhaven Units
Total Appreciation of Property
67%
Annualized Return
36%
Highlights
Year Acquired:
2004-2017
Purchase Price:
$465,000
Cash Invested:
$106,950
Sale Price:
$775,000
Number of Units:
2
Buffalo Portfolio
Massachusetts Ave.
Year Acquired:
2013-2021
Purchase Price:
93,000
Cash Invested:
$21,390
Sale Price:
$433,500
Number of Units:
7
21%
Annualized Return
Total Appreciation of Property
32%
21%
Annualized Return
Total Appreciation of Property
32%
Brochman
Year Acquired:
2013-2021
Purchase Price:
5,150,000
Cash Invested:
1,800,000
Sale Price:
$6,804,000
Number of Units:
10
36%
Annualized Return
Total Appreciation of Property
100%
Auction
Year Acquired:
2013-2021
Purchase Price:
$420,000
Cash Invested:
$300,000
Sale Price:
$840,000
Number of Units:
28
SJI CORE VALUE
Phone: 716-426-9590
Address:
65 Grant St. #97
Buffalo, NY 14213