:pup: I have one seller in Texas (they are a broker) with an apartment complex for sale that was built in 1978. 138 units. Building size: 135,772 sf.:Price/unit $46,376.81 :Property type: Garden/low rise :Cap rate is 10.30% Occupancy: 93% . 2 stories: Asking price is $6,400,000.00. Cash on cash return 20% based on actual and stable cash flow after substantially increasing 2009's actual expenses.Outstanding location adjacent to country club and high end properties. Tenants pay all utilities. 2009 effective gross income: $1,174,999.00 2009 operating expenses: $413,745.00. 2009 Net operating income: $761,254.00. If this interests you i would need your regular e-mail address to proceed to send you a joint venture/partnership agreement and to foreward your request to my seller. Please advise me. Dan Krause (my e-mail is in my signature)