Offering 10% on a 36 Unit Section 8 Apartment Complex

[Matthew Bernal]

I am an experienced investor seeking a debt or equity partner to close on a high yielding, seven figure commercial property in Lawton, OK.

The property is already renovated in accordance with OK's Section 8 Housing Regulations, and is likely to be fully stabilized within six months. I am set to close in three weeks, so this offer is time sensitive. Equity option available at the time of refi if we feel we are a good fit. Contact me via phone at 808-892-9309, or via email at [email protected] for detailed financials and due diligence documents. 

Return Info:

Investment: $675,000

Return: $33,795

Repayment Method: Cash Out Refi

Term: 4-6 Months

Stabilized Financials:

NOI: $265,778

CAP Rate: 11%

DCR: 1.21

Exit CAP: 7%

GRM: 10.01%