COMPLETED PROJECTS

A sample of our completed projects

Sandpiper Apartments

Name:  Sandpiper

Address: Warner Robbins, GA

Date of Purchase: 6/1/16

Date of sale:  3/4/19

ROI: 222%

530 unit apartment complex, built in 1986. We renovated a significant portion of the property and sold as a value add asset to the next buyer

210-214 Franklin St.

Name:  210-214 Franklin St.

Address: Bloomfield, NJ

Date of Purchase: 7/2/15

Date of sale:  7/13/16

ROI: 67%

 

49 unit apartment complex which was purchased heavily fire damaged. Successfully renovated and stabilized the asset in one year and sold to a long time Investor

65 Prospect St.

Name:  65 Prospect St.

Address: East Orange, NJ

Date of Purchase: 9/18/14

Date of sale:  5/29/15

ROI: 148%

 

Rescued a gutted building where the developer ran out of money in the bank was about to foreclose. Successfully completed the renovation work and sold the property at a profit for the original developer and the bank was made whole

Mill Creek 

Name:  Mill Creek Apartments

Address: Wilmington, DE

Date of Purchase: 1/2/14

Date of sale: 9/13/18

ROI: 15%

156 unit apartment complex built in 1973. Purchased the property at distressed occupancy levels and successfully stabilized the community and sold for a large profit

Limestone

Name: Limestone Apartments

Address: Wilmington, DE

Date of Purchase: 1/2/14

Date of sale:  9/13/18

ROI: 14%

 

136 unit apartment complex built in 1978. Purchased the property at distressed occupancy levels and successfully stabilized the community and sold for a large profit

2603 Southern Ave

Name: 2603 Southern Ave

Address: Temple Hills, MD

Date of Purchase: 11/1/15

Date of sale:  8/27/17

ROI: 74%

Purchased distressed 427 unit apartment complex consisting of multiple buildings. Successfully turned around operations and increased The NOI by 50% within three years before selling the property for a large profit

 

12-20 Canfield St

Name: Canfield Street

Address: Orange, NJ

Date of Purchase: 4/30/15

Date of sale:  6/13/19

ROI: 70%

Purchased an existing 17 unit building constructed in 1927 along with a three-family frame construction building on an adjacent lot. Successfully navigated zoning and planning board requirements to merge the lots together and build 31 additional units where the three family once was. Successfully stabilized and sold recognizing a large gain. 

 

Please contact us using the form below for a full summary of completed projects

Tel: 201-345-3131 

Email: info@reynoldsasset.com

Fax: 866-433-3671

188 E. Franklin Turnpike,

Hohokus NJ 07423

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