Type of Investment - Value Add / Core+ Stabilized Multi-Family
Property Class - A, B & C
No. of Units - 100-2000
Price - $10m to $300m
Target Markets - NY, NJ, FL, TX, OH, TN, GA, NC
Acquisition Cap Rate for light-medium value add 5%+, Pro-Forma Cap Rate 7.5%+
Acquisition Cap Rate for core+ stabilized deals at 6%+, Pro forma 7%+
Our investment objective varies from state to state, on a deal by deal basis but generally these are the guidelines for what we are looking for. For more information or an acquisition opportunity, please reach out to Rebecca@NordGroup.com