This 100+ unit, C Class complex in the greater DFW area is listed for around $3,000,000 but will go for much less. Seller is extremely motivated and wants to get out for the loan balance + fees. Current occupancy is 74% but market occupancy for this area is in the mid to low 90%. IRR and Cash on Cash are both estimated to be above 20% with a cash out refinance after stabilization, as well as a significant equity position. 

To find out more about this and other deals that MBP Capital, Inc. has underwritten, please click HERE to review and sign our confidentiality agreement. 

Please call Ryan Heddleston, (214) 766-4126, or email him at ryan@mbpcapital.com