Acquisition Criteria
Our initial screening criteria are a capitalization rate of 8% or higher, occupancy of at least 85%, and positive cash flow. Each opportunity is evaluated on its financial performance, financing requirements, property condition, and overall fit with our acquisition strategy.
Initial acquisition criteria
Minimum requirement
- Capitalization rate
- 8% or higher
- Occupancy
- 85% or higher
- Cash flow
- Positive cash flow
These are initial screening criteria, not a commitment to purchase.
What we buy
- Property type
- Class B and Class C multifamily apartments
- Property size
- 5 units minimum, no maximum
- Purchase price
- Up to $2 million
- Current focus
- The Jackson, Mississippi, metro area
- Statewide
- Any deal anywhere in the state of Mississippi that meets our investment criteria, subject to underwriting and due diligence
- How each opportunity is evaluated
- Financial performance, financing requirements, property condition, and overall fit with our acquisition strategy
- Jackson metro
- Statewide
Our current acquisition focus is Class B and Class C multifamily apartments in the Jackson, Mississippi, metro area.
Have a property for us to consider?
Owners and brokers are welcome to submit opportunities in the Jackson metro area or elsewhere in Mississippi. Share the property location, asking price, occupancy, and available financial information so we can begin our review.