All Forum Posts by: Corey Chonsky

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $18,000,000

Arbor,36 months I/O, 3.75%, 3/18/22, 30yr amortization

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $2,555,500

Washington Cap Partners, 2yr term, 7%, 11/30/21, 25yr amortization

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $1,575,000

Center St Lending, 2yr term, 9%, 4/25/21, 25yr amortization

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $1,300,000

Washington Cap Partners, 2yr term, 7.99%, 8/28/2021, 25yr amortization

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $20,000,000

Alamo Estates is Iocated in the Far Northeast submarket, situated on Midcrown Dr just east of Interstate 35, providing swift access throughout the San Antonio Metro. This apartment community provides residents effortless commute times to various economic drivers including Loop 410 Office Corridor, San Antonio International Airport, and Fort Sam Houston – Joint Base.

Additionally, the property is located a short drive from prominent retailors and a variety of shopping and dining experiences.

What made you interested in investing in this type of deal?

- Easy access to San Antonio’s major thoroughfares: I-35 and Loop 410
- Near Major Employers including the Rackspace Headquarters just steps away from the property and numerous employers on the Loop 410 Office Corridor
- 5 miles away from Fort Sam Houston – Joint Base San Antonio – Largest military medical education and training facility in the U.S

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $20,000,000

Alamo Estates is Iocated in the Far Northeast submarket, situated on Midcrown Dr just east of Interstate 35, providing swift access throughout the San Antonio Metro. This apartment community provides residents effortless commute times to various San Antonio economic drivers including Loop 410 Office Corridor, San Antonio International Airport, and Fort Sam Houston – Joint Base.

Additionally, the property is located a short drive from prominent retailors and a variety of shopping and dining experiences.

What made you interested in investing in this type of deal?

- Easy access to San Antonio’s major thoroughfares: I-35 and Loop 410
- Near Major Employers including the Rackspace Headquarters just steps away from the property and numerous employers on the Loop 410 Office Corridor
- 5 miles away from Fort Sam Houston – Joint Base San Antonio – Largest military medical education and training facility in the U.S

Thanks, @Kristopher Kyzar. @Douglas Mcqueen, we are active in the Ocean View area of Norfolk as well. I'm always interested in contacting with fellow investors in the area. Let me know if you would be interested in connecting with our team.

@Devin Cahill, we are looking for properties with 100-200 units in the northern part of Florida. We are also looking at the Carolinas and Georgia as well. 

Thank you for the feedback. I appreciate it. 

My partners and I are looking to purchase a large multifamily property in Florida. I'm looking for assistance on how property taxes are assessed and calculated. I reached out to some county tax assessors and didn't get the greatest response. In one instance, they told me there were a lot of factors to include NOI and then in another instance they referred to a percentage of market value. I would appreciate any assistance.