Our Buying Criteria

We are a team of experience, integrity, and consistency. We are dedicated above all else to create lasting relationships with our vendors, tenants, investors, and partners so we can see generational wealth and impact.

Asset Type:

Multi-family properties (apartments)

Number of units:

30+ units

Age:

1969 and newer

Target Markets:

Nationwide strong growth markets and areas in the path of progress (midwest, southwest, southeast, other nationwide markets)

Locations:

A or B class trade areas with strong demographics and local economic anchor (hospital, big business, mall, industrial plant, etc.)

Asset Quality:

– Class B to C properties
– Value-add opportunities preferred
– Underperforming properties with a strong potential for enhanced yields

Occupancy:

Preferably 80% occupancy (will consider lower occupancy if property is well located and has value add upside)

CAP Rate:

Minimum 10% (after repairs or stabilized value)

General Criteria:

– Potential high yield income streams
– Cost basis at 25% below stabilized value

Target Return & Investment Period:

– 10%+ return on investment (based on stabilized financials)
– 7-10+ year hold period (medium to long-term)