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We are principals and broker the following assets.
— Multifamily and Single Family Detached Residential Income Property
— Financing - All Cash, New Loan, or Owner Finance (No Assumptions)
— Markets - Austin, San Antonio, San Marcos, Houston, Dallas and sub-markets
— B-C Class Apartments
— 20-500 Units
— Purchase Price range - $500,000 - $10 million (Cash buyer on smaller end, financing on larger)
— Condition - We acquire both Stabilized and/or Distressed Assets, No structural defects
— Occupancy 80%+
— Age - prefer 70's & 80's or newer
— Utilities - individually metered
— Roofs - pitched construction preferred but not mandatory
— No high concentration of Section 8 or government assisted tenants
— Same owner for 10 years or more a plus
— Equity investment of $500,000 to $15 million
— Cap Rate of 8% or better
— Some cosmetic deferred maintenance is acceptable
— Stable financial history
— Positive regional demographic trends
— No Flood Zone
— All Permits Current
*** 12 months trailing actual income and expenses and a current rent roll required***
If you have a property you would like us to consider, please click "Submit Deal" button below.
— Marketing materials
— 12 months trailing income and expense operating statements (preferably in Excel)
— Current rent roll with tenant move in and out dates plus security deposits
— Photos
— Proposed price and terms
Please include property address in the subject line.
* We are happy to sign a non-disclosure agreement, just e-mail to evaluator@nationalincomeproperty.com or fax to 832-615-0451
Please allow 3-5 days for response, upon receipt of your information thank you.
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