Help needed with large MFA deal analysis

[Sorin T]

Hi there,
I need some help analyzing this following deal in CO Springs. Your input is greatly appreciated.

Multi apartment buildings, around 100 units total, 80+ 1BR/1Ba, 20 2Br/1ba, laundry, parking, pool, clubhouse, the usuals
Average apt 520sqft, $500 rent, $250 deposit (current numbers, about fair for the area)
Not a great area, "C" grade apartments, 80% occupancy
Buildings in foreclosure, sold by the bank - i.e. no solid records on maintenance , income, expenses, turnaround, etc. All I know is new roof in 2009. Few apartments advertised for rent look decent though.
Complex was last purchased in 2011 for 36K/door and 5.9%. No idea how much they financed, maybe everything. Therefore, the foreclosure

My thinking is to try and get it from the bank somewhere at 20-25K/door?
Will use professional management company to manage it and keep it under tight control (no drugs, etc)
My partner and I are not experienced in large deals like this. I've done several flips and owned a rental for several years, he's also landlording several units for a few years
We're both trying to make the jump to the big leagues
We both have good strong credits and able to come up with 25% down for a commercial loan for this

I know ideally we'd stay away from grade "C" apartments to start with, but the alternatives are much more expensive, and few
Is this a good deal? At what price to make the deal work?
Should we be able to get financing for this with our apparent lack of experience, but solid credit and 25% down?

Anything else I should consider?

Thanks in advance for your input