In need of some serious advice/guidance
I'm in such a bind and need some serious help. Please for anyone out there who has the experience and expertise to give me an idea or direction to go with my current situation. So here's the scenario: Multi-family property, 3 Parcels, each parcel has 20-40 units, 2.3 Acres. In my head not knowing where to start as far as numbers or anything for that matter, this is something a developer would take on, right? I'm fairly new and its overwhelming because I know this comes down to figures and the asking price is significant even with the potential, growth, and cash flow this project has. Getting this to the right team with the vision behind what is ahead can be major for all parties involved. Although, you hear this all the time, "The numbers have to make sense." So please someone who has experience with land, multifamily, the whole bit. Please inform me, educate me, I'm ready for all you have to offer. HELP!!!
Most Popular Reply
This is definitely within some qualified expertise of a CCIM, mba commercial broker or owner of a local brokerage.