Nick E

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Principal Buyer

Omnistone

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Owner/Investor

Is Looking For

Looking for Value Add Class B Multifamily

Acquisition Criteria

Description:

INVESTMENT CRITERIA
Class B Value Add Opportunities
70% Occupancy or higher preferred
10 mile radius to retailers such as (Target, Kroger/Supermarket, Walmart, Starbucks, Banks, Schools, Church)
Preferred Build 1990+
Units: 32-125 doors
Preferable locations: Michigan or Massachusetts
Other locations Florida, Texas
(No Detroit/Flint/Ecorse/Inkster [MI])
(No Lawrence/Dorchester/Chelsea [MA])
Price Range: 1mm-10mm
CAP: 8% at absolute minimum (unless it’s a grand slam)

Listing Types:

Multifamily

Price Range :

$1 to $10,000,000

Locations:

Michigan, USA Massachusetts, USA Florida, USA Texas, USA Georgia, USA Nevada, USA

Details:

Cap Rate: Over 8%

Units: 32 to 125

Last Updated: 11/25/2020

Created: 2020-11-17T05:52:43Z

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