All Forum Posts by: Damion York

Cash max?

[email protected]

I'd like to be added.  Do you deal with large commercial, hotels, apartments or multi-family units?

I have buyers for SFR. I'm interested in large off market commercial, hotel, multi-family unit portfolios. My main investors are only interested in the Seattle area. Either way I'm interested in working with whoever has the deal. There's enough money for everybody!!

The hungrier I am the less I sleep

61 unit (210 rooms) multi-family asset, 93% Occ. , 5.6% CAP, Bronx, NY, Asking Price: $9.25M

Purchase price is $9,250,000 The property address is 1694-98 Selwyn Avenue, Bronx, New York This property is one block east of grand concourse This is a five story walk up building with 61 rental apartments, one of which is for the on-site superintendent The unit mix is: 1 unit with 2 rooms, 36 units with 3 rooms, 20 units with 4 rooms and 4 units with 5 rooms, totaling 210 rooms The property has 150 linear feet of frontage The lot & block is 2824-38 Building square footage is 51,210 square feet The average rent per apartment per month is $1,168 The occupancy rate is 93% Gross rental income is $854,899 Annual expenses are $339,087 Net operating income is in excess of $515,000 The cap rate is approximately 5.6%More information will be disclosed after signed NDA.

I have buyers only interested in large off market commercial/hotel/multi-family units.  If you come across this type of deal let me know.  Thanks

I got somebody who might be interested who is direct.  There's more than enough money for everybody and we can structure the deal anyway we choose.  Are you interested? [email protected]

Hey Dmitri,

They're not interested in selling city by city.  If this deal doesn't work what types of deals are you looking for?  I want to help. [email protected]

I have a buyer in LA area. [email protected]