New commercial multifamily apartment syndicator that knows success comes because of the team. Team is everything! Looking to start by purchasing a B or C+ grade multifamily apartment building or complex in metro Denver. First acquisition criteria Built between 1982-2012 plus or minus 5 years that provide an opportunity for forced appreciation through upgrades to the property and processes. Cost $1.5M to $3M PPU approximately $200K Number of units approximately 15 IRR 14% or greater Cash on Cash 8% or greater Target markets in the metro Denver area are: 1. Englewood/Littleton 2. Arvada 3. Thornton 4. Lakewood 5. Castle Rock Follow on acquisitions will follow the above criteria on successively larger properties (units and price) an may be located in the Colorado Springs Colorado in addition to the metro Denver market. New member of the Apartment Owner's Association of Metro Denver (AAMD) and Investment Community of the Rockies (ICOR). If you think team is everything and would like to connect, please reach out!
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