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| | The Commercial Real Estate and Financing Network is not currently active and cannot accept new posts | | ATTENTION BROKERS: We Want to Buy More Apartment, Mobile Home Parks, and Self Storage facilities | Views: 41 | | Oct 18, 2009 5:01 pm | | ATTENTION BROKERS: We Want to Buy More Apartment, Mobile Home Parks, and Self Storage facilities | # |  Christopher Sewell | | We are principals, not brokers. We are looking to buy more Apartment, Mobile Home Parks and Self Storage facilities. Because we are not represented by any Brokers, you get both sides of the commission when we buy your listings.
Below is our buy criteria. We can close in 45-days or sooner.
* PROPERTY TYPE: Apartments, Mobile Home Parks, Self Storage * LOCATIONS: Nationwide, except Michigan, Alaska, Hawaii * SIZE: Apts (50+ units), MHP (100+ units), Self Storage (200+ units) * OCCUPANCY: Apts (60% - 75%), MHP and Self Storage (40% - 75%) * FINANCING: Some seller financing or loan assumption helps * CONDITION: Basic rehab okay * PRICE: $500K to $10M (on ACTUALS only, we don’t pay proforma)
We have the experience and expertise necessary to acquire underperforming Apartments, Mobile Home Parks, Self Storage facilities and invest the necessary capital and human resources to bring the property to its fullest potential.
We buy based on ACTUALS only. If the seller wants Proforma value, we are NOT interested at all. If the seller (or Broker) wants to inflate the price by selling on actual numbers and using a 4% or 5% cap rate, we are not interested at all. This is not 2005!
Send me what you have that meets our buy criteria above.
Visit us at http://www.CommercialreBuyers.com
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