Asset Class: Apartments Property Condition: Class A, B or C (unfinished or rehab)
Min. Occupancy: 30%
Min. Price: $3.5MM
Max. Price: $15MM
Days for DD: 30
Days to Close: 45
Locations: CA
Going in Cap: not important. Looking for a 12-20% IRR (Initial Rate of Return) after
rehab and lease up.
Looking for unfinished development or rehab/repositioning properties.
I have access to properties that meet your criteria looking for buyer, equity or debt partners for purchasing off market commercial REO's. If you are interested contact me. This email address is being protected from spambots. You need JavaScript enabled to view it.
I have a client that wants to sell a 20 unit property in downtown Augusta GA. It is listed at a great price. I know that is below your mark but, if you have any other clients interested. Please let me know :)