ACQUISITION STRATEGY
Haskell Value Partners seeks opportunistic and value-added multifamily investments in underperforming properties in targeted submarkets that can be repositioned to a specific niche market.
Underperforming and distressed properties can be acquired at a disproportionate discount because of the low pool of buyers with the expertise and niche acquisition strategy to finance, fix, manage, lease and enhance the operations.
Requirements
- Multifamily Communities
- Class C or B Under 100 units
- Workouts and Short Sales OK
- Greater Phoenix and Tucson markets
- Locations near public transportation, shopping and employment
- Hispanic population of 30% or greater within 2-mile radius
- Unit breakdown with larger percentage of 2 Br's Individual electric meters
- Central HVAC, preferred Washer/Dryer connections, preferred, but not mandatory
- Upside rent potential from asset enhancements
- No rent restrictions
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