Topic: NEED FINANCING FOR PORTFOLIO OF 51 Single Family Homes in CHARLOTTE NC

Andrew Klenk's Avatar Topic Author
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  • Posts: 1
I am in search of someone who could help to finance the purchase of this very well run single family portfolio in the Charlotte, NC area. Please reply or email me at This email address is being protected from spambots. You need JavaScript enabled to view it. with any suggestions.

Thanks!

* 100% Occupied
* All within the Charlotte, NC MSA.
* Asking 4,400,000 | Total value of all 51 per comparable reports is 5,500,000. (Asking 80% of present-day market value.)
* 8%+ Cap Rate
* 12%+ Cash on Cash Returns
* All professionally managed with very little turnover (many 2yr leases in place).
* Opportunity for new owner to raise rents, as they have never been increased.
Posted 13 years 5 months ago
bruce's Avatar
bruce
looking for off market multifamily like this have unlimited cash
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Posted 11 years 8 months ago
Sandy Martin's Avatar
  • Karma: 21
  • Posts: 360
I sent you an e-mail, but it came back. Contact New Dominion Bank in Charlotte.
Posted 11 years 8 months ago
Last edit: by Sandy Martin.
Daniel McIntyre's Avatar
  • Karma:
  • Posts: 1
We are a private lending company looking to fund all types of projects.
Looking for project 5 million up prefer 20 Million up...
response time quick, all projects must be bondable. No up front fees.
Call or email for additional information
Atlantic Coast Holdings, LLC.
Daniel McIntyre
910-612-2678
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we also pay referral fees for qualified projects.
Posted 9 years 6 months ago