10th Anniversary of U.S. Investment Immigration - Columbus 90 Apartment Project Subscription Meeting
Date: March 4 (Friday) 14:00-17:00
Location: Worldway Shenzhen Company( 4068 Yitian Road, Futian District, Shenzhen, 6th Floor, Excellence Times Square)
Reservation: 400-7885-855
Overview of Columbus 90 Apartment:
The Columbus 90 Apartment Project is a multi-family rental apartment building with a total of 51 floors and 634 units. It is located at 90 Columbus Avenue in Jersey City, known as the "back garden" of Manhattan, New York, with a superior geographical location and convenient transportation. Floors 2-47 are rental units, and upon completion, it will reach luxury standards. Additionally, the project includes 1,179 parking spaces and extremely convenient surrounding facilities, attracting many professionals working in Manhattan to settle here.
Over the past 10 years, the average vacancy rate in the apartment market in this area has been only 3.8%, and even during the economic downturn in 2009, the vacancy rate was only 5%. By 2013, the vacancy rate had decreased to 3.6%. With the strong economic growth and recovery in Jersey City, the average vacancy rate in the apartment market is expected to decline further.
Advantages of the Columbus 90 Apartment Project:
1. The complete set of I-526 documents for the project has received sample approval from the immigration bureau.
2. The project uses the RIM II economic model to calculate employment, creating 2.4 times the number of jobs required by the immigration bureau.
3. EB-5 funding accounts for only 15.3% of the project cost.
4. Strong repayment ability: The globally renowned commercial real estate appraisal company Colliers International has issued a valuation report for this project. After the project is completed and operational, EB-5 funding will account for only 10.9% of the project market value.
5. Excellent geographical location: The project is located at 90 Columbus Avenue in Jersey City, known as the "back garden" of Manhattan, directly across the river from Manhattan. Many commuters working in Manhattan live here, and the project is adjacent to a subway station, with only about a 20-minute subway ride to Manhattan's financial district.
6. Significant property appreciation potential: This property is a rare apartment resource with a Manhattan concept, offering great appreciation potential. The developer plans to rent rather than sell, obtaining dual benefits from rental income and appreciation.
7. Strong developer strength: The developer of this project, Ironstate, is one of the largest privately owned real estate development companies in northeastern New Jersey. It mainly participates in the development and management of large-scale integrated projects, with apartment and hotel projects valued at billions of dollars. Currently, it is engaged in residential, hotel, and integrated residential projects worth over a billion dollars.
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