Multifamilies in Texas wanted
#4 Off Topic Contributor
- Investor
- Round Rock, TX
Originally posted by Baldwin Hutchinson:
I am currently in the market for 10 to 14 Multifamily in distress. Properties min of 50 units and up 70% Occupancy min cap outside of CA 8.4 inside CA 9.5 or higher.
I am always looking for good loan terms as well. If you have a
good Loan Program drop me line we may be able to do business.
I'll look at similar stuff in Texas if anyone has anything to broker.
Hello Bryan I have knowledge of several distressed apartment complexes located in Dallas TX. I really would like to help you with your investments. If I could be of any assistance to you please don't hesitate to call me
Thanks
#2 Off Topic Contributor
- Real Estate Investor
- the villages, FL
Stanley- PM me with the info. I may put a group of BP members together to buy a building. I have 154 units in Garland. It has performed well in the 8 months I've owned it. 4 vacancies. Brand new city center being built across the street. Sweet deal so far. Rich.
#4 Off Topic Contributor
- Investor
- Round Rock, TX
@Stanley
I am on the Board of Directors for a large syndication group with nationwide reach for distressed assets. I would be interested in seeing the opportunity as well.
Rich,
Be sure to let me know if/when you start putting together a TX BP deal.
- Also looking for Apt deals in Houston, TX.
Greg
Bryan: I am a property locator and represent a buyer/investor in Houston, Texas who buys and sells apartment complexes in the state of Texas. I could put you in contact with him if you are interested. His group specifically deals in the Texas area. Let me know, Thank you, Dan
I have student housing apt complex under contract in TX. I'm looking to assign the contract if anyone is interested contact me direct.
Lamont,
Can you post some more details for everyone to see?
City, # of units, vacancies, rents, asking price, etc...
Thanks, Greg
#4 Off Topic Contributor
- Investor
- Round Rock, TX
@Dan
We have a distressed land deal in Houston right now.
We put together a sources/uses and a skeletal Executive Summary in preparation for a call with some investors from Wall Street tomorrow. I am happy to send it to you to see if your buyer is interested if you PM me so that we can exchange email addresses.
We would prefer to do the deal ourselves, but we would sell it for the right price :-)
If you have any MFD product I would love to see that as well.