MultiFamily Buyer- $3M-$3.5M- 1031- Central Texas (Stabilized or Light Value-Add)

Repeat MultiFamily Buyer Client is Selling another building in California.

·         Will free up $1.25M of cash to purchase a new acquisition via 1031

·         PURCHASE PRICE: $3-$3.5m

o   Will leverage up to a $3-$3.5M acquisition

·         Typical purchases are stabilized multifamily or light-value add.

·         Geography- Central Texas- Austin MSA, possible San Antonio

·         Cap Rates: 5.25% cap rate or better is ok

 

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-

CIRE Magazine Quote on BREXIT