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Updated about 2 years ago,
Multifamily rentals for sale
We are looking for off market (Direct to Seller) properties. We are end buyer here.
Type of Investment - Value Add / Core+ Stabilized Multi-Family
Property Class - A, B & C
No. of Units - 40-125 units (50% 2x2 bed baths)
Price - $3mm to $30 mm
Target Markets - UT, ID, AZ, MT, Reno
Acquisition Cap Rate for light-medium value add 6.0%+, Pro-Forma Cap 6.5%+
Acquisition Cap Rate for core+ stabilized deals 4.5%+, Pro forma 5.5%+
• 1970's vintage or newer
• PM or email over T12 and Rent Roll
• Must be room for improvements preferred.
#801propbros #corgiflip #realestate