204-206 Harrison Street
Equity stakes of up to 70% ownership, building long-term wealth via appreciation and income. Significantly outperformed original projections.
Financial Overview
Key metrics and investment performance
Projected ROI
30%
Project-Level ROI
59%
Total Units
12
Equity
$685,000
Construction Costs
$2.3M
Appraised Value
$5,000,000
These results describe a specific asset. Investor-level returns vary by vehicle structure, entry timing, fees, leverage, and distribution policy.
The Project
This investment offered a path to generational wealth and up to 70% ownership of a new, income-generating 12-unit multifamily property. The project significantly outperformed its original projections, generating a project-level ROI of 59% versus an expected 30%.
Veloce Capital applies this investment strategy across targeted opportunities in Paterson, leveraging local market familiarity and disciplined execution. The path-to-ownership model gives investors participation in a cash-flowing asset with long-term appreciation potential.
Timeline
Key dates and milestones
acquired
March 2024
completed
April 2025
equity Repayment
May 2025
Key Milestones
What we delivered
Secured site in a high-demand rental submarket
Completed ground-up construction of a 12-unit multifamily property
Achieved 59% project-level ROI versus a 30% projection
Investor equity repaid within 14 months
Structured ownership participation for aligned capital partners
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