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Commercial Property Partner

A Co-founder or Partner Opportunity in or near Lexington, KY

Position Type Contract
Company Information This position will provide capital to purchase a 48 unit apartment complex located here in Lexington. You as an investor will not be responsible for the maintenance of the property in any way unless you require it. The other partners involved will handle all property maintenance and upkeep. This is strictly an investment opportunity with no required weekly time investment. This property is currently in foreclosure and is being purchased for approx. 65% of value. The property has an excellent potential for a great return on investment.
Position Information The only requirement for this position is the investor must be able to provide a minimum of $260,000 of capital to act as a down payment on the purchase of the property. No specific skills or education is required.
Expertise Desired Finance Real Estate
Position Industry Accounting / Finance
Compensation 0 - 0 Other
Compensation Negotiable

Company Investment Property
Primary Industry Commercial Real Estate
Description I am a real estate broker who is working with a buyer on an apartment complex purchase here in Lexington. My buyer is needing an investor who would like to come in as a partner and purchase this apartment complex with them. The property is being purchased at 65% of value because it is in a foreclosure situation. Contact me today to get more info on this property. We are needing approx. $260,000 to close on the purchase. This property has excellent potential for an outstanding return. My buyers will allow for an investor to receive 51% ownership if necessary. Additionally, you will not have to locally manage the property as this is my buyer's responsibility. You don't have to be local to Lexington to make the investment.
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Expiration Date 6/15/2009 7:47:09 AM
Start Date 12/17/2008 12:00:00 AM
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