All Forum Posts by: Gordon Meadows

Steve Adams Austin COMMERCIAL fAST AND FAIR.

http://www.texascommercialappraisals.com/

Sure , We can speak more about them the week of the 11th. 

GS. Meadows

The Deal:In a nutshell

Owner Financing of $1,350,000 6% 20 year AM and can refinance in one year
Thats 11.67 % cap rate on actual -My Equity raise only $300,000

27 units with mix of 7-3 bed 2bath, 7-2bed 1bath and 13-1bed 1bath
High rents from $935 to $2250 but lots of value add. Rents in area much higher
100% occupied with waiting list
Pro Forma with rent raise is $3,121,750

Over one acre and a need for storage units in the area. Dropping some containers would also be a great value add. Other amazing opportunities with this property.

If your interested in Texas i may have one 292 units.

100% Rented CASH Deal @ $7,200,000

Thank you everyone for your input and expertise. 

Gordon

This is for the Forum Austin Texas Modular Home Park

Networking with REI Pros!

We appreciate all your responses, We have identified the funding we need for the Park

Equity and Debt.

thanks

Gordon

send me details if your direct to the seller..

[email protected]

Gordon Meadows

President

MOOC

Cedar Point Homes LLC

Yes on most Accounts, thank you for the broad range of information you have provided the forum.

Gordon 

let me know if you get anything closer to Austin. maybe /San Antonio.

thanks

Gordon 

Hello we are seeking a JV partner (Equity)

for Ground up Austin Texas Housing Developments.

$3--$10,000,000 

% /Ownership and Terms TBD.

Have Debt idenified but will look at other Term sheets, in the next two weeks.

Wed Dec 17th. 9am.

Sincerely, 

Gordon Meadows-President 

Mine and Oil Owners Consortium

Austin Texas

503.482.0062