Working with new 150 million dollar fund Looking at 80-100% occupied MF deals nationwide. B+ and above areas and properties. Min deal size 5 mill Prefer an Operator/Owner as partner Operator has preferred return with only 10% of cash in email: jp@investmentrealestateadvisors.com
Have a Class A Multifamily in Jakcsonville, FL. The selelr wants $31 million whereas the offers have come in at $28.5 million. There is an assumable HUD loan at $24 million. The property has 90% occupancy. It is dealing with concessions and the economy. It is located very close to major highways in the City and is in a submarket with very exciting development in progress. Let me know if your buyers would be interested. This is an off-market deal. Please send me an email at sanjaykumar@commjax.com
There is no buyer's Broker fee. It will have to be collected from the Buyer. I and my associate will be compensated by the owner.