78 Unit Building in High Demand North Jersey Location

[Value-Add]

Tour The Property

WHY WE LOVE THIS DEAL

Prime location

This building borders the Hackensack University Medical Center which is consistently ranked as the #1 Hospital in NJ, and is adjacent to the Hackensack High School creating a highly desirable location for employees and families.

Limited new construction and organic rent growth

With limited inventory, strong demographics, and consistent organic rent growth, the area is primed for sustained rent increases over time.

Cash Flow From Day One

The project targets cash flow distributions to begin from the first quarter of ownership and continue through the life of the project. Cash flow targets vary between 5% to 7% annually.

Rent vs. Own Gap Creates Demand Moat

The rent-to-own delta in this area makes renting the more attractive option, which reinforces strong tenant retention and supports long-term rental growth—especially in a volatile interest rate environment.

Maximized returns

85% Loan to Cost allows efficient leverage, enhancing equity returns with minimal capital investment.

Property Summary

Peoples Capital Group is pleased to present our latest investment opportunity!

78 Value Add Apartments in Hackensack, New Jersey

Peoples capital group presents a 78-unit, heavy value-add multifamily community built in 1935 and located in Bergen County New Jersey — one of New Jersey’s most desirable and supply-constrained submarkets. Known for its top-rated school district and strong demographics, Hackensack offers exceptional rent growth potential with minimal new supply on the horizon.


This property has current rents approximately 50% below market value offering significant value add opportunity through improved management and renovations. Peoples capital group plans to create immediate upside by renovating units upon turnover, installing washer/dryers in the units and leasing units for fair market value.


This asset benefits from strong tenant demand, a significant rent-to-own delta, and a high-occupancy track record. With significant upside potential, unbeatable location via proximity to the #1 rated hospital in NJ and local Hackensack highschool, this value add investment opportunity is poised to create outsized returns to participating investors.

Heavy Value-Add Apartment Building

265-275 Beech

st Hackensack NJ

78

UNITS

1935

YEAR BUILT

75

PARKING SPACES

100%

MARKET RATE UNITS

75%

OVERSIZED UNITS

50%

RENTAL UPSIDE

THREE-TIERED EQUITY STRUCTURE

*For Accredited Investors*

Allows Investors to Match Investment Goals

A three-tiered return structure gives investors options when placing their equity. Investors have the ability to invest in multiple tiers of equity: Class A, as an LP alongside the GP’s in the PCG GP Fund, Class B, Reserve Class or a combination of Class A and Class B. Diversifying in both A and B classes allows for a risk adjusted, blended returns.

PCG GP Fund

MINIMUM INVESTMENT

CLASS B

MINIMUM INVESTMENT

RESERVE CLASS

MINIMUM INVESTMENT

TRACK RECORD

BUILD WEALTH THROUGH MULTIFAMILY

PROPERTIES TRANSACTED IN NEW JERSEY
0
INVESTOR RETENTION RATE
0 %
AVERAGE ANNUALIZED CASH ON CASH RETURN
0 %
YEARS IN BUSINESS
0
PRIVATE INVESTORS
~ 0
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Real Estate Investing Projects April 2023 | Peoples Capital Group |Aaron Fragnito
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