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Wichita Falls TX- Apartment complex – Private Sale
Category: Member Offerings
94 units near US Air Force Base in Wichita Falls TX (only NATO training facility in the US)
High occupancy and great cash flow – $2.6MM is a 9.5 CAP we were told – but seller will take a 10 CAP if easy quick deal.
Newly rehabbed for over $1MM. New roofs, indiv. metered.
Private seller will list this soon but will sell it now if he gets his price.
There is an approved FHA loan at 80% ltv that will be ready in November if desired (non-recourse) – however will need to close before and if necessary we can get you a bridge loan in the meantime but would probably require 35% down from you.
Buyer to Pay Fee
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Private Sale Phoenix 173 Apartment Complex - Pending
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- Gary Martin, Allied Investments
- Mr. Ronald Bayer - First
Financial Investing 
-
Mr. David Byrns - President - REF4 Funds.
- Debra Tillman 
M. Cameron - Charlotte NC
