Acquisition Criteria
Type
Multifamily, Class B or C, 150+ Units, stabilized or near-stabilized.
Location
Nationwide in growth markets where employment and population are trending positively, especially Florida, Georgia and Texas.
Occupancy/Cash Flow
Stable and sustainable occupancy and cash flow in place at closing or achievable within 6 months; Minor CAPEX/rehab required.
Age of Property
1980’s or newer preferred but not required.
Typical Purchase Terms
All cash, 45 days Due Diligence, 15 days to close. NO CONTINGENCIES