Want to Buy..."C" Class Apartment Complex of 100 Units or More!

By
Real Estate Broker/Owner with Mike McCann - Broker, Mach1 Realty Farmland Broker-Auctioneer Serving Rural Nebraska

Hi All... 

My business partner and I are looking to buy an apartment complex with at least 100 units.

We are trying to find a larger Apartment Complex  (or more than 1 complex) that would be considered low C class but that can be remodeled to a mid or upper B class.   Want to buy...Apartment complexes like this with 100 units or more. mike@mikemccann.com 2019

High side: Total purchase price can be based off of the number of units and the condition of the property.

Low side:  Must have at least 100+/- units to work on our business model...a higher number of units would be better. Overall condition is not important as long as infrastructure is in good shape and can be remodeled. Location is important to us.

Preferably college towns...and not one pony towns (only one business or manufacturer that supports entire community).

Midwest and parts of the South. It is all about the cash flow...if it can cash flow correctly after rehabbed, that is what we look at.

We will pay close attention to crime and drug activity in the area as well as other redevelopment in the area.

If you know of something...send me a text or email!! You can also see what we have been doing at www.waynejamesinvestments.com 

Referral fees will cheerfully be paid if  we are allowed!!

Thanks Mike McCann!!

Posted by

 

Mike McCann Nebraska Land Broker This has been Mike McCann...Nebraska Land Broker...Coming to you from the Farm Land of Nebraska and America!! Visit me at www.mikemccann.com to learn more about the agricultural and farm land for sale market. 

Many farms For Sale in Nebraska are not listed publicly...please call, text, or e-mail with your questions, wants, and needs!

Mike is your Ag, Farm, and Auction expert throughout Nebraska!

308-627-3700 and 800-241-3940 call or text me at these numbers or

mike@mikemccann.com for easy e-mail access! Mike McCann Nebraska Land Broker

 

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Mike McCann - Nebraska Farm Land Broker

Farm Land For Sale 308-627-3700 or 800-241-3940
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