Internal Acquisition Criteria

Acquire a multifamily property where physical, operational, and capital improvements can be implemented to enhance the properties performance.

Currently pursuing opportunities in the following States:
Florida, Georgia, Kentucky, North & South Carolina, Ohio, and Tennessee

MSA:
Jacksonville, Atlanta, Myrtle, Charlotte, Raleigh Durham, Charleston, Nashville, Memphis, Louisville, Columbus, Richmond, Philadelphia and Cincinnati are our focus.
Will consider submarkets of an MSA.

Target Investments:
1970 vintage and newer
90-250 units
Valued between $5,000,000AND $50,000,000
C to B product/ tenant profile in C+ to B submarkets.
Separately metered utilities and pitched roofs a plus
Stabilized, Moderate to Heavy value ADD or distressed
Asset should sustain Professional Property Management
Hold period 2-10 YEARS {varies on opportunity}

Minimum Yield:
Annual Cash on Cash 7%+
Target IRR 14-20%

Joe Graziano
Managing Principal
Joe@freedomincomeproperties.com