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Seeking Commercial MF Sellers

 
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We are looking to acquire and close a commercial MF property 8+ units with 10%> Cap Rate on actuals by the end of 2017. Room to reposition or value-add play possibility is a must. Here are our criteria:

  • Location: Cincinnati or greater Cincinnati area

  • Building Class: C

  • Location Class: B

  • Occupancy: 50%>

  • HOA: None

  • Documentation:

    • T12

    • Schedule-E

    • P&L Statement

    • Rent Roll

  • Value-Add Play:
    • New Property Management
    • No Laundry Service
    • Rental Increase
    • Cosmetic Rehab

Please let me know if you have something similar. Thank you for your time.

 

#LEANestates #Deals #MultifamilyDeals #RealEstateDeals #Cincinnati

 

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