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Travis Kramer
  • Contractor and Investor
  • Leawood, KS
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Seeking Multifamily Equity Investor

Travis Kramer
  • Contractor and Investor
  • Leawood, KS
Posted Oct 15 2019, 09:15

Seeking Equity Investor

  • Multifamily Development
  • $8.6MM Total Equity Contribution
  • 22%+ IRR Projected
  • 61% ROI Projected
  • 4 Year Term Projected
  • 6.5%-7% CAP Rate
  • $800K Developer Equity
  • $47MM Development Cost
  • 312 Units
  • CBRE Feasibility Study Conducted Estimated to Absorb 14 – 18 Units Per Month. Capture Rate is Considered Excellent and Indicated Sufficient Market Depth for Development
  • 18 Month Building Timeline.
  • Estimated 24 Months to Stabilization
  • Top 10 School District in the State.
  • City Planning Commissions is Excited About Project
  • Land Has Been Obtained
  • Partnership Developed With the Most Reputable Apartment Builder in Kansas City. 310 Projects Totaling $1.2BN in Construction Since 1968.

Seeking

Offering

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