Property Acquisition Strategy
Pacific Property Assets is currently acquiring
multi-family projects in Long Beach and Riverside, CA and
in Phoenix, AZ with the following preferred attributes:
- Number of Units Per Location: 100 to 400 (smaller properties proximate to our existing portfolio will be considered)
- Year of Construction: 1979 to 1999
- Preferred Property Status: "C-" to "C+" Buildings in "B-" or better locations.
- Deferred maintenance and high vacancy are OK
Acquisition Process: Hard funds released to seller after brief due diligence period, no financing contingency and quick closings. Brokers Protected.
e-mail: AcquisitionInfo@pparealestate.com |