We are putting together a commercial portfolio in/around Tampa of stabilized, high cash flowing properties. We are looking for equity partners to bring the capital to close. Currently we have 187 units in 8 properties to close on.
- First position debt service of around 80% purchase already in place.
- Cap rates from 9-10%
- 10% vacancies or lower
- Professional management will continue
- High growth area
- Expected substantial equity gains within 3-5 years
Please contact me for more details and documentation.
Sounds good Gerald. If you send me a PM I can forward you a link to all our documentation on the project and we can set a time to talk about any details when you are ready.
Thank you for the time to talk with me on my project today Gerald. It is good to deal with a professional and I hope we can work together to close deals.