Julio Hoyos

Save

Principal Buyer

Julio Hoyos & Co, LLC

Submit Info to Unlock

Owner/Investor

Is Looking For

Seeking Deals

Acquisition Criteria

Description:

Our acquisition strategy focuses on identifying opportunities where we can add value, such as through unit upgrades, capital improvement projects, new management, burned out landlords
We typically seek properties that are:

• Class B or C
• 1970's vintage or newer
• Garden-style communities in infill locations, which tend to have high barriers to new development
• Under performing or under managed with attractive acquisition capitalization rates
•
• Located in U.S. emerging markets with strengthening long-term employment and population trends
• Able to be purchased with intermediate to long-term financing, with leverage up to 75% loan-to-value.

Listing Types:

Multifamily

Price Range :

$1,000,000 to $5,000,000

Locations:

Georgia, USA North Carolina, USA South Carolina, USA Texas, USA

Details:

Cap Rate: Over 7%

Units: 50 to 150

Last Updated: 04/26/2019

Created: 2019-04-26T15:35:55Z

Submit a Listing