BUY: Multi-family Apartment Community Acquisition Criteria
200 units minimum. No maximum.
A and B-rated properties at prices below replacement cost.
Potential to enhance value through the following business strategies:
Asset repositioning through a capital investment program
Correction of deferred maintenance
Improved professional management and revenue/cost control
Strong locational qualities with significant visibility, easy access, located along traffic corridors.
Property submissions should include the following:
Location of the property (including radius map, aerial photograph, site map, and plat map)
Description of the property (including physical address, tax assessor identification number(s), land area, size of improvements, age, condition, unit mix, unit sizes, interior improvements, amenities, and utility responsibilities)
Financial data (including current rent roll, previous year and year-to-date operating statements, occupancy history, capital improvements history, and existing financing information if pertinent.
Asking terms (including price and closing schedule)
Your contact information (including name, address, telephone number, fax number, cellular/mobile number, and e-mail address)
FOR ADDITIONAL INFORMATION PLEASE CONTACT:
270 N Cañon Drive, PenthouseBeverly Hills, CA 90210