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In The Pipeline
New Listings on the way
We have several shopping centers and multifamily investments currently in our listing pipeline. They'll go out to the entire marketing list as soon as the paperwork is done, but here's some preliminary info on them in case you want to get started early in the game. Call me immediately if you want to be the first investor to see these.
Arlington Shopping Center: 20 tenants anchored by State of Texas facility. Stays full. CAP rate 8.6+ on current financials
Garland/Lake Ray Hubbard area Shopping Center: Rents below market. 7% CAP. Anchored by a national restaurant chain
Irving 100+ Units. Totally rehabbed. Separate Meters. 9.5+ CAP rate on existing financials.
Grand Prairie 70+ units. 8+ CAP on current financials. 10.5% Cash on cash return in Year One.
These properties can be sold individually or as a portfolio if you wish. Seller has additional properties and will sell them all. Two additional shopping centers are available, as well as several additional multifamily and land investments.
Note. These four are exclusively listed with JP Lumbley & Associates, LLC, but seller has had a couple of brokers trying to sell them, so you may have seen one or two of these at prices significantly higher than our listings. You won't see any of these on the Internet. Seller is very concerned with not scaring off tenants and/or managers, so we're controlling access to these properties very carefully. We're not publishing addresses or exact unit counts until we are sure we know the buyers and we're sure the buyers are willing to honor seller's request for confidentiality. | 
