3h • 💰 Raising Money
CAPITAL PARTNER NEEDED - 50 Unit Huntsville TX
50 unit multifamily in Huntsville TX
Asking $4,550,000 (SELLER FINANCE POSSIBLE)
PLEASE REACH OUT IF INTERESTED - SELLER WANTS TO MOVE VERY FAST
my email - aaron.horizonhill@gmail.com
JUST SENT LOI WITH PROPOSED TERMS- waiting on broker to get back to me if seller is open to my terms.
Financials (according to broker, pre-T12)
Gross income: $612k
Total Expenses: $261,125
NOI: $350,875
7.71% cap if financials verified
Note - this is according to broker and I am waiting on full T-12 + rent roll to verify.
Proposed structure:
50/50 JV
My role: Primary Operator
Your role: Capital Partner, occasional boots on the ground
Plan is to have a buyout exit for you as Capital Partner.
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CAPITAL PARTNER NEEDED - 50 Unit Huntsville TX
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