We have a direct buyer looking for the following cities below.
“good off-market multi-family properties.
Multifamily value add – could be 70’s, 80,s, 90’s product with the ability to increase revenue. There’s no minimum cap per se. It has to be cash flowing currently with the ability for us to add value. The price we would be willing to pay wouldn’t only reflect the current cash flow; it would reflect what we believe we can get the NOI up to and how much we would have to spend to get to that. “
