
Looking for partner eith experience in sindication for a $14M deal with good numbers
Hi!
I currently have a $14M deal with good numbers on a property between San Antonio and Austin and I am looking for a partner with Syndication experience to learn from:
$14M, Seller finance ($2.8 down payment),
potential to increase rent 35% immediately because seller hasn't increased rent in 10 years and all contracts are month to month
65 SFH + 18 mobiles + 31 lots (for mobiles or SFH)
11-13% CoC with rent increases
very low vacancy (2),
very low expenses (25% due to a very low property tax and units are made for low maintenance)
I currently have some investors lined up for 30% of the down payment .
Let’s connect!
Looking for
San Antonio, Texas