64 unit Dallas deal

[Jon Klaus]

Not a solicitation, but just a discussion starter. 

Buy it at 2012 pricing?

If you are up for a project and don't mind a tough neighborhood, this MF could be for you. 

At what price would this make sense and how would you handle the financing/rehab/leasing/management? Or flip? Or repurpose? Or...?

[Will Barnard]

Originally posted by @Dmitri L.:

@Jon Klaus  I need to see a pro-forma ;)

 Sure, here you go:

Gross Income: $345,600

Vacancy: (345,600)

Operating Expenses: (147,950)

NOI: -$147,950

I can sell it to you turnkey for $900,000. Wire instructions to follow.