City Station North II
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Offering Start Date: Amended January 2020
Location: Troy, NY
Development Type: 87 Class A Multi-Family Apartment Units, 161 Space Garage, and 41,296 sq. ft. of Office Space
Total Raise: $8,200,000
Investment Units: $100,000 (82 available)
Minimum Investment: $50,000
Projected IRR: 11.20%
Target Investment Period: 10 years
Issuer: City Station North II, LLC
Developer: United Development Corporation
Operator: United Plus Property Management, LLC
Eligible Investors: Accredited-only
Special Notes: Opportunity Zone investment
Overview
City Station North is a mixed-use development consisting of residential and office space, offering a transformational live, work and play environment to the existing City Station neighborhood, while adding to the broader dynamic turnaround now underway in the City of Troy, NY. This is Phase IV of a multi-phased development, expanding on the success of the residential community created by the previous three phases over the past several years at City Station South, West, and East.