Commercial Non-Performing Notes | 35% of UPB | Arizona
PDS Capital now offering portfolio of commercial non-performing notes (NPN). This NPN Tape consists of mostly Multi-Unit Apartments and Retail Strips throughout Arizona. Property values range from a low of about $1 Mil to a high of around $20 Mil. These commercial distressed notes may be acquired on a 1-off individual basis, acquired in small groups, or the entire tape may be purchased.
The tentative strike price of the notes range from a low of 32% of unpaid principal balance (UPB), to a high of 52% of UPB. CAP rates range in the area from 10% to 30% in some cases, with nominal Occupancy rates in the range of 40% to 80%. Construction built dates range from the mid 1970′s through to the mid 2000′s.
For more information on this unique offering, contact CRE Xchange at: [email protected] , or call: (949) 334-2902. We are seller direct for this offering, and we have all Due Diligence documents available for review and consideration. CRE Xchange specializes in distressed commercial real property assets and non & sub performing commercial notes, on a nationwide basis.
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