North Star Closes 279-unit

Property in Texas

Capital Partners

North Star works closely with buyer’s representatives who are looking to place their client’s funds in quality real estate investment properties whether these come from a 1031 exchange, a self-directed IRA or funds that are completely unencumbered. We work with buyers' representatives by paying a referral fee, based on the total purchase price. 

Buyers’ representatives should contact:

 

Roger Bragg, CCIM

 

roger@nsres.com

801-947-7000 – Office

 

North Star Real Estate Services, LLC

2825 E. Cottonwood Parkway

Suite 350

Salt Lake City, Utah 84121

Brokers

North Star is constantly seeking to expand our network of investment property brokers and we are dedicated to preserving the broker’s interest in the transactions. Our clients are astute and experienced real estate owners who focus on the total returns of the asset; therefore our offers are based on the asset’s income stream and not on pro forma.

Acquisition Criteria

Well located properties which are:

-        Stabilized

-        Located in primary and secondary metropolitan areas in the South, Southwest,

         Midwest and Mid-Atlantic regions. Other areas will be considered on a property

         specific basis.

Asset Size

-        Minimum 100 units. No maximum

-        Both individual assets and portfolios will be considered

Ownership

-        Properties may be purchased either all cash or subject to existing financing.

Initial Required Information

-        Operating Statements for year to date and previous two years

-        Current Rent Roll

-        Description of site and improvements (include unit mix and count)

-        Description of any existing debt

-        Asking Price

 

Sellers’ representatives should contact:

Roger Bragg, CCIM

 

roger@nsres.com

801-947-7000 – Office

 

North Star Real Estate Services, LLC

2825 E. Cottonwood Parkway

Suite 350

Salt Lake City, Utah 84121


 

Copyright 2006 North Star Real Estate Services. All rights reserved.