Acquisition Criteria - The Right Property for the Right Investor

Property Type: Garden Style
Asset Class: B to C
Location Quality: B to C+
Property Size: 150 to 400 units, single asset
Property Vintage: 1984 to 2000
Investment Structure: All cash to sell; Loan assumption on case-by-case basis.
Preferred Market: Texas
Quality: Quality property but will consider some deferred maintenance or renovation on property if well located and are value enhancement opportunities.