Note: The subject line is the estimated cash flow after taxes approximately per year
times ten years of 511 apartment units portfolios, if acquired with the 100%
mortgage noted below. If the apartment complexes are acquired with other
LTV new commercial mortgages noted below, the cash flow analysis will vary
and need to be recalculated.
For sale two Western apartment complex(es) portfolios up to 511 units. A lesser number of units may
be aquired separately.
Alternate new commercial mortgage financing programs are available for each separate portfolio.
.Purchaser(s) may obtain a new conventional mortgage(s) with a 20% or larger down payment(s), $4,123,000
+ loan fees, third party reports, and closing costs; and/or $4,880,000+ loan fees, third party reports, and
closing costs; or $9,003,000 + loan fees, third party reports, and closing costs for the 511 units.
.IRS Section 1031 exchange buyers OK
.Purchaser(s) may obtain a new FHA multimfamily mortgage(s) with 15% or 10% down payment(s)
and corresponding rehab requirements.
.Purchaser(s) may obtain a new 100% mortgage(s). Purchaser(s) must have $300,000 cash (for each
100% mortgage, $15 million minimum) to be rebated at settlement, and an excellent credit rating.
100% mortgage includes a 20% rehab requirement.
In summary, apartment complex buyers with cash availabilities ranging from multimillions to $300,000 cash
+ excellent credit ratings may qualify to acquire these apartment complexes.
To receive further information about the apartment complex(s) and mortgage plans, interested and
financially qualified persons kindly include with your reply your: name, position, affiliation, and address.
Ron Neufeld, CCS, RECS
Neufeld Enterprises Inc.
Lic. Florida Real Estate Brokercomreb@bellsouth.nethttp://www.recyber.com/member/r1552
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