All Forum Posts by: Todd Keith

Is there a Lafayette/West Lafayeet investors groups there now? Looking to connect with local investors interested in multifamily property. 

We've got a duplex and triplex available in Lafayette. More on the way.

Thanks!

Hi @Emily Houser. 

Good to hear. I'm going to take a closer look at Think Multifamily. 

Actually, I own my own investment group. We buy, hold, and wholesale multifamily property in Texas, Ohio, and Indiana. Most of our wholesale deals are in the 2-20 unit range. However, we've recently started running across several ~40-60 unit properties. One of my acquisition managers let me know a lead on a 300 unit complex just came in, so that will be interesting. These are properties owners calling us to sell their properties. 

I'm actually looking for someone, or a group, that we can partner with to take some of these larger properties down. Hate to let these just go. 

If you know of anyone on the hunt for property like that, please let me know. We might be able to make something happen.

Thanks, 

Todd

Hi @Emily HouserI've been researching Think Multifamily as well. I attended one of their meets up back in December. They seem like the real deal. Good to hear that you are happy with the results and congratulations on getting to 2K units! That is phenomenal! I'm interested in their program.

My group buys, holds, and wholesales multifamily property. I'm regularly running across 40-200 unit properties. Looking for a team that we can partner with to take some of these down. 

Have a great week, 
Todd

Hi @Shimi Elimelech. 

Yes, we are still working in the area. We actually have a 3 duplex package deal available in Canton right now. 
I'll send you a DM, so we can connect. 
Thanks. 

BTW @Josiah Barkman is one of the good guys. He would be a good person to be connected to. 

Hi @Cory Leman - Are you using a new call service now instead of Call Porter? 

Highly recommend @James Wise grading Cleveland neighborhoods write-up. It's very well done. 

Let me know if any of you guys decide to look a south of Cleveland. We're finding some great deals in the Akron/Canton areas. 

Best of luck,

Todd

Five Stream Ventures, LLC would like to present you with the opportunity to purchase this 194 Unit East Dallas Apartment Package! Purchase the entire portfolio or as designated below.

-------------------------------------------------------------------------------------------------------------------------------------------------

Widget Way, El Octillo, and Villa D'Oro - 60 total Units (to be purchased as a three-complex package)

Widget Way - 12 units

El Octillo - 14 units Villa D'Oro - 34 Units

Three-Complex Package Purchase Price - $4,460,000

Location - 4823, 4815, and 4810 Gaston Ave., Dallas, TX Occupancy - 91.7% NOI - $305,185 Gross - $565,127 Cap Rate - 6.84 --------------------------------------------------------------------------------------------------------------------------------------------------

Casa Tremont, Parkmore, and two adjacent lots- 46 total units (to be purchased as a two-complex package)

Casa Tremont - 14 units Parkmore - 32 Units Two Lots by Parkmore

Two-Complex Package Purchase Price - $3,337,000 (including two adjacent lots)

Location - 4700-09 Tremont, Dallas, TX 75246 Occupancy - 97.83% NOI - $238,780 Gross - $409,808 Cap Rate - 7.1 ------------------------------------------------------------------------------------------------------------------------------------------

Foxhill Villa - 24 Units

Purchase Price: $1,962,000

Address: 5106 Live Oak St., Dallas, TX 75206 Occupancy Rate: 96% Units: 24 NOI: $124,390 Gross: $213,788 Cap Rate: 6.29 ------------------------------------------------------------------------------------------------------------------------------------------

El Caro, Emerald Isle, Hilton, Montclair, plus two vacant lots - 54 total units (49 permitted, 53 income-producing, 1 is occupied by property mgr.) (to be purchased as a 4-complex package)

El Caro - 12 units

Vacant Lot By El Caro

Emerald Isle - 19 units Hilton - 11 Units Vacant Lot By Hilton Montclair - 12 Units

Four-Complex Package Purchase Price - $4,260,250 (including the two lots)

Location - Reiger Ave., Dallas, TX (all complexes are located on Reiger Ave.) Occupancy - 94% NOI - $268,865 Gross - $468,130 Cap Rate - 6.3% ------------------------------------------------------------------------------------------------------------------------------------------

Astor - 10 units

Location 4734 Worth St., Dallas, TX 75246

Purchase price: $675,000 (additional financials coming soon) ------------------------------------------------------------------------------------------------------------------------------------------ CUMULATIVE PACKAGE PURCHASE Total 194-Unit Portfolio Purchase Price - $14,694,250 Avg Occupancy - 94.88% Total NOI - $937,220 Total Gross - $1,656,853 Avg Cap Rate - 6.63

Contact us for more information!

Todd Keith

Five Stream Ventures, LLC

214-395-0804

Thanks for the kind words, @James Galla.

Five Stream Ventures, LLC would like to present you with the opportunity to acquire this 24 unit apartment complex in Dallas, Texas.       Price: $1,976,364 (Agents add your fees to the top) Address: 5106 Live Oak St, Dallas, TX 75206 Year Built: 1958 Units: 24 NOI: $124,390 Gross: $213,788 Cap Rate: 6.29 Occupancy Rate: 96%

Contact us for more information!

Todd Keith

Five Stream Ventures, LLC

214-395-0804

Hi @Roderick Giles. You're on the list. 

Thanks!

Todd