Looking for wholesale apartment buildings

I have a large group of commercial buyers with a lot of cash. I'm looking for apartment buildings and hotels selling for 50 cents on the dollar or less. Anywhere nationwide. Email me for details. Email in signature.

Edited: 06/26/2010 at 08:19AM

Bryan Silver

Real Estate Consultant · Seattle, Washington

136 posts
2 awards
50 influence

May 25 '09, 03:37 AM

Richard:

Have a few projects that may be right up your alley.

Edited: 06/26/2010 at 08:19AM

Richard Lorenzen

Real Estate Investor

53 posts
1 award
50 influence

May 25 '09, 03:40 AM

Great. Shoot me an email if you haven't already.

Edited: 06/26/2010 at 08:19AM

Bryan Silver

Real Estate Consultant · Seattle, Washington

136 posts
2 awards
50 influence

May 25 '09, 03:56 AM

Mr. Lorenzen:

Check your email.

Edited: 06/26/2010 at 08:19AM

Account Closed

31 posts
50 influence

May 27 '09, 02:50 AM

I have about 20 or 30 I can show you....I'll just need more specifics to narrow it down.

Edited: 06/26/2010 at 08:21AM

Richard Lorenzen

Real Estate Investor

53 posts
1 award
50 influence

May 27 '09, 02:53 AM

Send me an email, Ryan.

Edited: 06/26/2010 at 08:21AM

Rich Weese

Real Estate Investor · sioux falls, South Dakota

Donor

4,619 posts
15 awards
79 influence

May 27 '09, 02:57 AM

I'm also interested. Currently prefer Dallas or sw FL. Might consider other parts of FL. Currently in Dallas for the week trying to tie something sown. Have cash. Prefer approx 100 units and up. Thanks.PM or e-mail me. Rich

Edited: 06/26/2010 at 08:21AM

Stacy Dieckman

Real Estate Broker · Indianapolis, Indiana

Pro Basic

457 posts
3 awards
50 influence

May 29 '09, 07:05 AM

Richard,

I had a Non Performing Note secured by a 322 unit apartment building come across my desk. Would your clients be willing to do the foreclosure to get their apartment building? If so I'll get you on the phone with seller of note.

Stacy

Edited: 06/26/2010 at 08:23AM

Dory Peters

Real Estate Investor · dc, Washington D.C.

393 posts
3 awards
50 influence

Jun 01 '09, 11:49 AM

Richard and Rich, I'll definitely be in touch.

Edited: 06/26/2010 at 08:25AM

Richard Lorenzen

Real Estate Investor

53 posts
1 award
50 influence

Jun 02 '09, 12:30 AM

Stacy, drop me a line. We might be interested in that. What state is it in?

Edited: 06/26/2010 at 08:25AM

Nancy Dito

Real Estate Investor · Mission Viejo, California

129 posts
3 awards
50 influence

Jun 02 '09, 06:26 AM

If you are interested, please let me know.

Bank-owned complex
Built 1983 and Renovated 2005
Class B Property
$41,000,000 Asking Price
4.8% Current CAP Rate, 8+ Proforma CAP Rate
Upside in Increased Occupancy, Currently 79% Occ.
3% Down Payment ($1,184,297)
Assumable Loan $39,815,703 at 5.264%, Amortized Over 30 Years, Due in 3.25 Years.
1 and 2 Bedroom Units

Nancy Dito

Edited: 06/26/2010 at 08:26AM

Nancy Dito

Real Estate Investor · Mission Viejo, California

129 posts
3 awards
50 influence

Jun 02 '09, 06:26 AM

Forgot to say it's in Dallas

Edited: 06/26/2010 at 08:26AM

Richard Lorenzen

Real Estate Investor

53 posts
1 award
50 influence

Jun 02 '09, 06:28 AM

Nancy, how many units is that and what state? Email me if you don't want to drop the details in the thread.

Edited: 06/26/2010 at 08:26AM

Nancy Dito

Real Estate Investor · Mission Viejo, California

129 posts
3 awards
50 influence

Jun 02 '09, 06:41 AM

Richard,

I sent you an email

Nancy

Edited: 06/26/2010 at 08:26AM

Bryan Silver

Real Estate Consultant · Seattle, Washington

136 posts
2 awards
50 influence

Jun 11 '09, 07:56 AM

Originally posted by Rich Weese

I'm also interested. Currently prefer Dallas or sw FL. Might consider other parts of FL. Currently in Dallas for the week trying to tie something sown. Have cash. Prefer approx 100 units and up. Thanks.PM or e-mail me. Rich

Rich:

Are you still looking for mulitfamily properties in DFW?

Edited: 06/26/2010 at 08:32AM

Josephine Ponce

Real Estate Consultant · Oregon, Illinois

125 posts
2 awards
50 influence

Jun 11 '09, 09:40 AM

Rich I work with an Investment Firm they have Full Service Hotels, Hotels A &B, and Multi-Family and other Commercial Performing Notes. If I can assist you just let me know. PM me. Thank you.

Edited: 06/26/2010 at 08:33AM

Lamichael Walker

Real Estate Consultant · Jackson, Mississippi

39 posts
50 influence

Aug 19 '09, 01:53 PM

i have 64 units in jackson, ms 85% occupied management in place for $775,000

Edited: 06/26/2010 at 09:25AM

Dave A

Residential Real Estate Broker · Los Angeles, California

9 posts
1 award
50 influence

Sep 10 '09, 10:11 AM

If you still have the 64 units in jackson, ms
contact me.

Edited: 06/26/2010 at 09:40AM

Abner Williams

Real Estate Consultant · Las Vegas, Nevada

35 posts
1 award
50 influence

Oct 31 '09, 09:38 AM

If still interested, I have a 101 unit condo development in Orlando, FL going for less than 50% LTV. Let me know if anyone's interested. Some in Henderson, NV as well(right outside Las Vegas).

Edited: 06/26/2010 at 10:19AM

CHAMPAK SHAH

· Stone Mountain, Georgia

229 posts
2 awards
50 influence

Oct 26 '10, 04:30 AM

This is end of October 2010 --
Have you guys closed any deals ?
Who is still looking for apartments ?

OR Hotels ??

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