Buyer-$5-$30M: 4-5% Cap Rates Ok- Austin Area

I have a new Buyer need:

Experienced Client from out of state seeks to buy investment property & assets with cashflow in downtown Austin, UT, Domain, Burnet, Lamar, South Congress, or other highly visible locations of Austin. He understands the compressed cap rates of Austin MSA. Can go down to the 4-5% cap range for assets in these locations, or with long term leases to high credit tenants such as banks, & publicly traded anchor tenants.

·         also do sale-leasebacks,

·         or buy the land, and execute a long term ground lease back to the Seller.

·         Closing: Can Close Quickly: 30-45 Days

 

Asset Classes: Office, Retail, MultiFamily (Class A), Ground Leases

Pricing: $30M-$50M, but will buy in smaller blocks of $3-5M each.

 

Background: Client owns over 5 million square feet of space in NY, FL and other states. Is high net worth individual, and can make quick “go or no go” decisions.

 

 

Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point ‘94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com  @jimyoungCRE

512-565-7509

 

-View My Buyer Criteria Here-