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All Forum Posts by: Brice Naylor

Brice Naylor has started 8 posts and replied 21 times.

Classifieds

Post: In search of 100+ unit apartment building

Brice NaylorPosted
  • Loveland, OH
  • Posts 21
  • Votes 4

In search of apartment building.  Initial criteria:

- Buyer group has acquired 5 developments in the past 2 years, totaling around 4,000 units and $118 million
- Must be 100 units or greater
- Must be off-market

- Looking for property that gives great opportunity for value-add through renovation.  Focusing on Class B and C areas.  Geography does not matter quite as much, but looking for MSA of 400k+
- Must be built on or after 1980 (lead-based paint issues, etc)

Have other criteria, but these are the key issues.  

1 Vote