Thursday, December 10, 2015

Buyer Need- $9-$11M Multifamily Austin Area

 

I have a repeat client who is selling a property in California, and would like to purchase multifamily, in the Austin MSA.

•$9-11,000,000
•Stabilized
•Prefer few/no section 8 tenants
•Client has local property management team in place for other properties that they own in the area
• Timeline is immediate
• Cap Rate:  5.0% or better

 

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

Connect With Me On LinkedIn

 

-View My Buyer Criteria Here-

 

1 comment:



  1. For getting started with commercial real estate investing, you have to do a lot of spade work. Find out the amount of rent paid by the previous tenants. Check out about what kind of businesses flourish in this particular area, etc. If you spend some time on all
    this and find out what it is that ticks in commercial real estate, then you will be profiting financially. see more, [http://www.jalilirealty.com] Commercial real estate

    ReplyDelete