Investment Thesis
CSA acquired 1033 Collings Ave in February 2022.
1033 Collings is a 6-unit property in Collingswood, NJ.
1033 Collingswood Ave is a 3-story, Victorian-style multifamily property originally built in 1880.
The property was purchased as a value-add acquisition, furthering the firm’s economies of scale in the Collingswood Market.
CSA completed a full gut renovation of the property from 2012-2013, spending over $500K in capital expenditures and modernizing the property after decades on neglect. The construction team took extensive measures to preserve the original Victorian architecture.