Buy-Side Broker

Cody Lutsch

President

Fat Property, LLC
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Broker

Is Looking For

HOUSTON: Experienced closer / legit buyer - Looking for class B-C multifamily. Small okay if in the 610 loop, but bigger as you go out

Acquisition Criteria

Description:

Not the typical time waster / tire kicker I'm sure you come across often (I see them all the time as they try to buy my properties, or I buy the deals after they fail to close).
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I'm an active buyer in Houston, specifically inside the loop. I've bought over 2000 units. I've closed on 100% of the properties I've put under contract. I buy as is / where is. Never re-trade. Hard money okay. Very little due diligence needed. Can handle deals up to about $30-$40m. Will be fine for smaller deals (land, 1-4 fam, sub 20 unit, etc) if in/around midtown/montrose. But as you get further from midtown/montrose the deal size needs to be larger to make sense. Email deals@fatproperty.com if you have something.
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I selected all property types but I'm mostly looking for multifamily. I've bought a few commercial deals and a few land deals when they've made sense.


Listing Types:

Development Hotel Industrial Land Mixed Use Multifamily Office Retail Special Purpose

Price Range :

Under $40,000,000

Locations:

Houston, TX, USA

Details:

Cap Rate: Over 5%
SQFT: 0/sqft to 200,000/sqft
Units: 0 to 400

Last Updated: 05/23/2019
Created: 2019-05-23T18:45:46Z
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