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Updated over 2 years ago on . Most recent reply

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Looking for a Sponsor for a 64 unit multifamily syndication deal!

Posted

Good morning! My team and I have submitted and LOI on a 64 unit deal in Fayetteville, NC. We offered market value (current NOI/market cap), strong financials, conservative break even at 63% occupancy. Property currently 98% occupied.

Market advantages:

1. Amazon distribution center opening in 2023

2. Home of the largest US Army military instillation

3. 20 year, $118MM downtown development underway

Looking for a sponsor for this deal and possibly capital raisers. Time sensitive. If you or anyone you know would want to be in on this deal as a sponsor please let me know that’d be awesome!!

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