Multifamily

If you are looking for Off Market multifamily, we have inventory that you may be interested in.

OFF MARKET MULTI-FAMILY

297 Units Palm Beach County Florida

$20,000,000
100% Occupied with Waiting List
Seller Finance Possible with qualified buyer
INVESTMENT SUMMARY
Price: $20,000,000
Year Built: 1970-1974
Units: 297
Price/Unit: $67,340
RSF: 225,264
Price/RSF: $88.78
Lot Size: 80.16 acres
Floors: 1
Cap Rate: 7.3%
GRM: 8.84
PROPOSED FINANCING
Loan Amount: $15,000,000
Down Payment: $5,000,000
Loan Type: Fixed
Interest Rate: 5%
Term: 25 years
Monthly Payment: $87,689
DCR: 1.39

232 Units Burlington NC

$24,000,000

92% Occupied (on existing 142 units)(90 newly constructed units being built)

Seller Financing Possible with qualified buyer


Fayetteville NC 120 Units

COMING SOON


West Fayetteville NC 300 Units

COMING SOON


150 Units Burlington NC

10 Acre Tract

$21,000,000

Seller Financing Possible with qualified buyer


196 Units Texarkana Texas

$5,800,000

15% CAP 5 year forecast


288 Bed Student Housing Spartanburg South Carolina

NOI $1,329,826

IRR Assumptions:

Purchase Price: $19,250,000

Hold Period: 5 years

Terminal Cap Rate: 7.5%

Cost of Sale: 1%

Current CAP: 6.9%