200 Unit Very Profitable Multifamily Off Market
Key Points:
Off Market
200 units in Winslow, Arizona
Current year NOI from operations $1.3 plus million to $1.5 million in 2026
Real estate appraised almost two years ago at $21 million with significant upgrades since then
C corporation with additional assets
Will appraise higher this year with all the improvements to date
Low leverage only 4.5 million in mtge and its assumable at rates in the four and five percent fixed range
Subsequent to purchase you can tack on an additional $10 million in 1st. mortgages at low interest.
Company issues dividends quarterly
Preliminary audit by top 15 PCAOB Audit firm
Can continue towards IPO or keep private
Where else can you purchase a low leverage real estate entity which is highly profitable and can be purchased for less than the value of real estate with additional assets continuing to accrete and after purchase leverage an additional $10million. Note: current mortgages are only on 3 properties so all others are available for 1st mortgages.
Financials (USD)
Asking Price Not Disclosed
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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