Dallas-Fort Worth Real Estate Investor Club

16 Unit DFW Opportunity

  • 21 Apr 2024 6:01 PM
    Quote
    Message # 13346256
    Caleb Hancock

    Hello Everyone!

    I wanted to present an opportunity to join a 16 unit multifamily project I am purchasing. The property is off-market, found from a cold call, with the seller offering partial financing at 5.5% for 30 years! We are looking to fill final investor spots for this deal. 

    Brief Overview: 

    • Off-market 16 Townhome Style Apartments
    • Seller carrying 50% of the loan at 5.5% over 30 years
    • 2.02x equity multiple
    • 16% IRR
    • 102% ROI
    • Opportunity to increase rents $300+ per unit with moderate renovation

    Please leave information below so I can reach out if you're interested in taking a deeper look!
  • 22 Apr 2024 12:10 AM
    Quote
    Reply # 13346315 on 13346256
    Jason Howell

    Caleb,

    I spoke with you a couple of weeks ago about this deal during the meeting.  Overall, it sounded interesting, but I would like to go deeper into the details to see if it might be something that aligns with my investing goals. Please send information or reach out to me at: jasonhowell8@hotmail.com or (903) 272-2635.

    Thank you,

    -Jason Howell
  • 24 Apr 2024 10:38 AM
    Quote
    Reply # 13347596 on 13346256
    Don McCartney
    Caleb Hancock wrote:

    Hello Everyone!

    I wanted to present an opportunity to join a 16 unit multifamily project I am purchasing. The property is off-market, found from a cold call, with the seller offering partial financing at 5.5% for 30 years! We are looking to fill final investor spots for this deal. 

    Brief Overview: 

    • Off-market 16 Townhome Style Apartments
    • Seller carrying 50% of the loan at 5.5% over 30 years
    • 2.02x equity multiple
    • 16% IRR
    • 102% ROI
    • Opportunity to increase rents $300+ per unit with moderate renovation

    Please leave information below so I can reach out if you're interested in taking a deeper look!
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