National Realty Investment Advisors, LLC (NRIA) continues to deliver profitable investment deals throughout top Brooklyn, NY neighborhoods. Now, NRIA is ready to announce another high-yield investment opportunity in Brooklyn’s prime neighborhood of Carroll Gardens.
248 Union Street (the “Property”), is a three-unit multifamily property with a business plan in place to acquire, completely renovate, and convert into a boutique three-unit high-end luxury condominium development.
Located just 2-miles from Manhattan, 1.2-miles from the Brooklyn Bridge, and within a short-walking distance to numerous subway lines, it’s no wonder accredited investors are flocking to the opportunity.
Allocations are now open to a limited number of accredited investment partners to secure a position in this high-yield, short duration, NYC real estate opportunity, offering a guaranteed 10.0% annualized net return, whereby a portion (7.5%) will be distributed monthly, and the remaining [guaranteed net return] through an equity/kicker waterfall at the end of the estimated 21-month project term.
Utilizing historical pricing data, our analysis illustrates this project has the potential to generate up-to a 14.0% net IRR to our investment partners.
This investment opportunity is available to a limited number of accredited investors and will be closing soon. Interested investors can visit the NRIA website www.nria.net for more details or call (201) 210-2727 for bookings.