Seeking 8 to 10 multifamily deal

[Victor Mena]

I'm currently seeking a 8 to 10  turnkey or minor repairs multifamily deal in Texas.  If you have any deals that fit my criteria please send them to: [email protected] Thanks

• Cap Rate: 8% to 12%
• Cost/Unit: $20k to $25k
• Purchase Price: $160k to $250k
• Units: 8 to 10
• Good neighborhood
• Minimum 80% Occupied
• Management must be in place with good track record
• 1980+

Also provide the following information of the property:

• Property Address
• Property Management fee %
• Unit Mix Information (eg: 1/1 $450 2/2 $550)
• Monthly Gross Income
• Monthly Operating Expenses
• Yearly Taxes
• Yearly Insurance Est
• 6 to 12 months of repairs/maintenance invoices
• Monthly utility expenses paid by owner
• HOA if applicable
• Other Monthly Expenses
• Pictures of property (Inside and Outside)
• Seller's NOI (net operating income)

Other Information:

1. Is the owner willing to owner finance?
2. What are the terms?
3. Can seller provide Schedule E?
4. Is there a recent appraisal?
5. Off mls deal or ON mls deal?