AMS Completes 55+ Apartment Complex in Monmouth County
AMS Acquisitions recently completed and held the official opening of Sylvan Woods at Howell, a 55-plus residential community located at 6461 U.S. Hwy. 9 in the Monmouth County community of Howell Township, NJ. A ribbon-cutting ceremony took place on Dec. 13 at the Howell complex with company and local dignitaries attending.
The 14-acre site features four buildings with a total of 100 units, a clubhouse and outdoor patio and pool. Monthly rents in the four-story buildings range from $2,300 to $3,600.
Construction, which started in the spring of 2023, took about 18 months to complete. “We are excited to begin leasing,” said Ari Mitnick, AMS co-head of acquisitions. “This community will serve a huge need for downsizers in Howell Township and greater Monmouth County.”
AMS, which purchased the Howell site from OneKey LLC in mid-2022, has been actively expanding its suburban multifamily development platform in New Jersey, Westchester County and Connecticut.
