A selection of Centrious real estate projects across acquisition, ownership, rental operations, condominium conversion, refinancing, and resale.
Webster Ave — Condominium Conversion
Acquired • Converted to Four Condominium Units • Sold
Ocean Ave — Value-Add Resale
Acquired • Renovated • Sold
8 Properties • Acquired • Renovated • Rented • Refinanced
Palisade Ave — Value-Add Investment
Halladay St — Value-Add Investment
Acquired • Renovated • Rented • Refinanced • Sold
Palisade Ave — Value-Add Investment
Acquired • Renovated • Rented • Refinanced • Sold
Multifamily Rental Portfolio — Long-Term Holdings
Acquired • Renovated • Rented • Refinanced • Sold
Selected Projects
CASE STUDY 01 — COMPLETED EXIT
Acquired and converted into four condominium units, followed by the sale of the completed units.
CASE STUDY 01 — COMPLETED EXIT
234 Webster Ave
Condominium Conversion | Jersey City, NJ
Acquired and repositioned as a four-unit condominium conversion, with all four units subsequently sold.
$970K
Purchase Price
$510.9K
Renovation Budget
4 Units
Condominium Conversion
$2.47M
Aggregate Unit Sales*
Completed
Four Units Sold
CASE STUDY 02 — COMPLETED EXIT
808 Ocean Ave — Value-Add Resale
Acquired and repositioned as a value-add investment, with the property subsequently sold following completion of the investment strategy.
$425K
Purchase Price
$225K
Construction Holdback
$890K
Sale Price
$251.7K
Net Sale Proceeds
$117.2K*
Project Profit*
*Aggregate unit sales are based on project closing records. Figures are presented for historical project information only and are not indicative of future results
*Historical project information is presented for illustrative purposes only. Figures are based on available project records and are not indicative of future performance or results.
PORTFOLIO EXPERIENCE
Built Through Active Ownership
8
Multifamily Rental Properties
Multiple
Completed Value-Add Projects
4 Units
Condominium Conversion — Webster Ave
Have an Opportunity to Discuss?
Whether you’re presenting a property, exploring an investment opportunity, or considering a potential partnership, connect with Centrious to discuss the opportunity.