The ideal property has the following characteristics. Not all these characteristics are necessary, but they are desired.

General Key Criteria

garden apartments
150 + units
10% -25%
equity contribution

Acquisition Criteria

- Multi-family with existing cash flow
- 150 + units
- 1980 or later construction
- Two story garden apartments
- B to B +neighborhoods
- Good schools, if possible

Garden Apartment Walk-up

Garden Apartment Walk-up

Garden Apartment Walk-up

Preferred Equity Profile

- Ground up only if fully entitled and
building to a 7 to 9 cap
- Partners should have equity to contribute
10 to 25% of equity