Event Details

I have a deal !

Time: October 20, 2016 to October 21, 2016
Location: Houston, Texas is the location of the subject property
Event Type: deal
Organized By: Robert Lima
Latest Activity: Oct 20, 2016

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Event Description

Good day,

I would like to post this, and I wanted to send you my current endeavor to see if you could help me.

My name is Robert. I am a CRE investor/entrepreneur. I get deals every month. In fact I have a 998 unit - three buildings adjacent to each other - the properties are in a A-Class location (Houston, Texas) - the property is near many medical clinics/hospitals, schools, shopping and an excellent transportation system. 

As-Is: $64MM

My Offer $66MM

AGI: $9,792,482.00 (based on 92% occupancy due to bad management).

NOI: $4,503,988.00

(current CAP: 7%)

Occupancy: 92%

ARV: $67MM (a local appraiser gave me an approximate as he just did a similar property two miles away.)

AGI: $9,842,728.22

NOI: $6,525,718.27

CAP: 10% 

Occupancy: 100%
My qualifications:

A. 12 years professional experience in commercial property management with large
Apartment complexes, Shopping centers and Hotels.

B. Three degrees: BS in Business Management, MBA in Global Marketing, and a Masters in Real Estate Development

C. Custom Business plan that explains my purpose, strengths, and strategic methodologies.

All I am asking is for an opportunity to be free from this predicament so my daughter and I can be in a healthier and better position.

If you are not able to help me, please refer me to someone that can.
Thank you for help, assistance and consideration in this matter

Robert Lima
Owner & Manager

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