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In contract
Just put this beautiful 28 unit in contract! Louisville, Ky. 8% cash on cash day 1, with an upside around 15% after some operational changes and rent increases to market. Thanks @Christian Osgood for pushing me to do this deal during last week’s MFS Elite call. If anyone’s interested in learning more about the deal, and partnering up as I scale my portfolio reach out. I’ve got a 51 unit lined up that will be following shortly after this one.
In contract
120-Acre Development Opportunity in Benton, AR
I have a solid 120-acre parcel available in Benton, Arkansas, located right across from the airport. It’s currently zoned Residential Ag and is a great play for a large-scale project. The Breakdown: 📍 Location: Benton, AR (Airport adjacent) 📐 Size: 120 Acres 💰 Price: $50k/acre If you’re a serious investor or buyer looking for a development play in this area, drop a comment or shoot me a DM and I’ll share the full details!
BIG DEALS : MULTIFAMILY + DALLAS DEVELOPMENT LAND
I’m moving two massive opportunities today for serious investors. One for immediate cash flow, one for a major development play. 💰 $3.6M | 50-Unit Multifamily (Kankakee, IL) - The Play: Turnkey portfolio with an ~8% Cap Rate. - The Vibe: Recently renovated, operational wins already in place. It’s a cash cow from Day 1. 🏗️ $2.75M | 26 Acres Development Land (Lancaster, TX) - The Play: Prime Dallas Suburb expansion. - The Vibe: Appraisal in hand. Perfect for a residential subdivision or a strategic hold. Looking for a serious investor or buyer for this opportunity. If you're actively buying multifamily, comment or DM.
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52 Unit in Kentucky - JV Opportunity
I'm happy to share that I am under contract for a 52 unit property in Russellville, KY. The property has been well kept by the current owner and has substantial upside in rents with minimal cap-ex. I would love to connect with anyone interested in a potential JV partnership. The numbers allow for a strong preferred return along with additional cash flow split. Please comment or DM with contact info if you would like to discuss this opportunity.
52 Unit in Kentucky - JV Opportunity
Utility Reimbursement
Does anyone here know what Utility Reimbursement means? It's listed on a property's annual operating summary. It is labeled "Expense/Utility Reimbursement" and it's a positive number (income?) at $1800 per year per unit. I just don't know where to enter it into the calculator. Thanks!!
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