Looking for a commercial multifamily broker

[Jack Sevey]

My investing partner and I have recently decided to move into the greater Phoenix area. We are looking for small multifamily properties 5-50 units, C to B class, under $5 million with some value add potential but no major rehabs or repositions.  We'd like 12%-15% cash on cash return. My search lately has brought me 15 or so properties. The better ones seem to be around 8%-12% cash on cash. The worst one I saw was just below 6%.

I'd like to speak to a local broker regarding the feasibility of our criteria in the Phoenix market. We'd like to invest in the Phoenix metro simply due to the ease of proximity. Going to see a property after work is an easy thing to do for me. 

Thanks for help. You guys are awesome!