Need Cash Partner: 8Plex, Waco TX, $67,941 NOI

WantPartners
Classifieds

Need Cash Partner: 8Plex, Waco TX, $67,941 NOI

Investor · Tampa FL, USA · Member since 2019 · 72 posts · 20 votes

Hello, thank you for stopping by.

I found myself a cash only deal that is located in Waco, TX. It's one of the fastest growing cities in TX and just hit 250,000K population this year. Not to mention, Amazon is building a warehouse here and Space X is starting a new facility right down the road. Home of Magnolia too!

Through a mail campaign, I found a gentlemen who is selling 120 Duplexes in Waco. To start I'm trying to purchase one of his smaller units: An 8plex located in Hewitt (The best school district in Waco). It has a NOI of $67,941 (Thats with operating expenses, Taxes, and Insurance Subtracted).

I will be meeting with the Gentlemen this weekend and I'd like to make him an offer of 1,050,000. I am looking for a cash partner who would like to join in on this deal. I can send over any information needed to help you run your own analysis. I've done my homework and can share what I have so far.

Serious inquiries only: Cash Partners only.

Next year, I will be moving onto the 120 duplex portfolio.

0Reply
7 views

3 Replies

Jump to latestLatest
Join the conversationCreate a free account to reply, vote on answers and follow this thread.