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Updated almost 8 years ago on .

User Stats

11
Posts
3
Votes
Cody Reilly
  • San Diego, CA
3
Votes |
11
Posts

Need Gap/Private Lender for Modern 57 Unit Apartment

Cody Reilly
  • San Diego, CA
Posted

Hey guys and girls!

Ive got a multifamily deal I want to do in Cincinatti OH in my old neighborhood. Off market asking 1.4m, 10% cap, 97k NOI, 91% occupancy, 3 empty lots to build on or sell (about 350k value) or another 80 apartments built on it if i chose to go that route.

I need 250k cash, be okay with being a second/sub mortgage, and be ready to pull the trigger in under 2 weeks. I have a full marketing package for those interested.

I DO NOT have cash to put in myself, that's why I'm looking for a money person. Terms are negotiable, lets make this deal happen!

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