Stephen Sharpe
Hightstown, NJ (USA)
Role(s):
Other
Local Properties, LLC
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Startup
Location:
Hightstown
Industry:
Real Estate
Year Founded:
2006
Number Employees:
1-10 people
Description:
Central New Jersey real estate investor investing in undervalued assets and turn-key operations that provide postive cash flows and strong rates of return. Typical investments include the following: downtown stores with upstairs apartments in up-and-coming sections of Central NJ; Triple Net Lease commercial properties; small to medium sized strip malls. The basic business model is as follows: acquire the undervalued asset, make cosmetic and systemic improvements, increase rents, improve vacancy rates, hold for 3 to 5 years, realize a positive cash flow, sell for a significant profit.
Founder/Owner/Principal
Local Properties, LLC
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Service Provider
Location:
Hightstown
Description:
Central New Jersey real estate investor investing in undervalued assets and turn-key operations that provide postive cash flows and strong rates of return. Typical investments include the following: downtown stores with upstairs apartments in up-and-coming sections of Central NJ; Triple Net Lease office condos or similar commercial properties; small to medium sized strip malls. The basic business model is as follows: acquire the undervalued asset, make cosmetic and systemic improvements, increase rents, improve vacancy rates, hold for 3 to 5 years, realize a positive cash flow, sell for a si
Services Provided:
- Real Estate