Trade Value Range:

Seeking $10,000,000 to $20,000,000 in one property or multiple properties

Location Interest:

Major California cities together with other major cities in Sunbelt states

Financing Criteria:

• Assumable financing preferred
• Equity of $2,000,000 to $5,000,000

CAP:

Initial minimum requirement of 7.5% CAP on NOI

Property Type:

• Retail/Commercial (single or multi-tenant)
• Apartments
  
  

Additional Criteria:

Retail/Commercial:

• Credit-worthy major tenant(s)
• Quality location and market area

Apartment Complex(s):

• Built or remodeled within last 15 years
• No significant deferred maintenance

Submitted packages to include:

Retail/Commercial:

• Summary of tenant(s) and lease(s)
• Rent roll & Schedule of income/expense
• Area demographics
• Major tenant(s) sales per square foot
• Competition map

Apartment Complex(s):

• Rent roll & Schedule of income/expense
• Summary of known deferred maintenance
• Market rents survey