Partnership Opportunity for 50+ Unit Apartment Building (Detroit)

[Matthew Boyd]

Off Market Apartment building with HUGE value add potential. 65% occupied. PRIMARY FINANCING ALREADY IN PLACE. Current DSCR is over 1.5 with current income despite under-performance of building. Section 8 and government assistance in place for majority residence.

Seeking partner for $200,000 loan at 10% interest only payments with 5 year balloon (preferred return). In addition to 20% Equity share, and 20% monthly Cash flow distribution. We project a potential 212.5% ROI in 5 years with the properly executed exit strategy. (Details found in investment summary)

Opportunity is confidential, If interested. Please call me direct at 734-657-7084 or e-mail at [email protected]