Real Estate investors looking for Great deals

New Castle, DE (New Castle County)

Asking Price: On Request
Real Estate Details
Listed on Aug 16, 2024

Real Estate investors looking for Great deals to invest in?
I have 6 properties looking for new capital partners.
You can invest in 1 property or any amount of properties, or all 6 properties.
You can invest as little as 50K - 2 million dollars, Also 1 current partner will be bought out.
If interested please contact us to discuss the possibilities. Please note time is of the essence.
We have 4 portfolios in 4 different states, plus 2 commercial properties.
There is equity in the portfolios.
The timing is right, as rates are coming down and you can take advantage
of refinancing from rates at 7.5%-10.1% down to 6.25% Which will give tremendous extra cash flow right away.
There is one large portfolio that is 95% stabilized. 3 portfolios in need of rehab.

2 commercial projects:
1) Assisted living in Pa. 147 bed facility. Has a tenant paying 36K a month for 26 beds.
The other 121 beds are turnkey and ready to be filled. Management is ready to come in and fill up the facility.
Owner/ partner willing to take 600K and balance of money in 2nd position at 6% interest rate.We have an exit strategy,
which the timeline is to exit in 9 months to 12 months.value 7M+

2) Springfield IL 26 unit ,2 story 14K Sq. ft. historical building near 2 hospitals and a National park.
Best use of the building is to rent short term to traveling nurses, medical students and other business people
who need to come and do business and stay for short term periods. Market rents would be 1200 per unit
and there is a great need for this type of facility. There is a Bonus, The property sits on 1.8 acres of land and
can be subdivided. You would yield 1 acre to build another building on.

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Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price Not Disclosed

Cap Rate Available On Request

Deal Terms

Who is Listing the Property? Owner

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? No

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