We are seeking 10-40 unit, B and C class multifamily properties producing
10% cash-on-cash (COC) returns in the St. Louis MSA.
Acquire under-performing assets in desirable markets and submarkets.
Obtain long-term, non-recourse debt with top tier pricing.
Increase net income through rental rates and add-on services; additionally, create efficiencies in operating expenses.
The equity raised is used as a down payment for the acquisition, which
is generally 20 to 25 percent of the purchase price. The remaining 75 to 80 percent of the purchase price is secured through top-tier debt financing that eliminates any recourse to our investors. Investors should expect a return of their investment in one of three ways:
Quarterly distributions ♦ Refinance opportunities ♦ Sale of property after a 5-7-year hold period