Multifamily Acquisition Criteria
Multifamily
— Acquisition Criteria —
Brandon Hiett is a commercial real estate broker and investor who connects individuals, businesses, and strategies so that they can further their success. I aim to identify attractive real estate opportunities throughout the United States with strong cash flow and stable tenancy, preferably with significant upside potential.
Location:
Texas and North Carolina
Will Consider Sunbelt Region
Property Type:
Garden, Low-Rise, and Mid-Rise
Property Vintage:
1985’s Construction or Newer
Location Quality:
Median Income for the Census Tract >$53,000
No Flood Zones
Property Size (units):
150+ Units in Texas, North Carolina, and the Sun Belt
30+ Units in Dallas - Fort Worth, Texas
Occupancy:
90% Economic Occupancy
Acquisition type:
Core Plus & Value-Add
Investment Structure:
All Cash to the Seller
Seller Financing
Loan Assumptions on a Case-by-Base Basis