Looking to 1031 exchange........

[Jessica Riggen]

Looking for feedback on our next venture.

We have looked into these areas, visited east Texas and have been watching the market. However we are not boots on the ground and would appreciate insight from anyone with experience in these areas.

Looking for multifamily 12-24 unit apartment complex/mobile or RV park near Austin Tx, and open to East Tx as well. Approx. sale price of $700k -/+ will be ready to complete transaction by Jan 2022.

This what we are looking for although we would entertain syndication however we are unfamiliar with the details on cash on cash return and the terms. 

Also looking for Texas multifamily broker to add to our list, feel free to name drop recommendations.

[Ryan Kelly]

@Jessica Riggen just to clarify, Austin and east Texas are not near each other, so you'll need completely different brokers for each area. Plus, east Texas (everything generally east of I-45) is huge and broken into several markets from north to south. If you need a connection to a commercial multi-family broker here in Austin, I'm happy to connect you. Shoot me a DM.