What are we all looking for? What assets are we wanting? This will help me source for this week

Hello new members welcome in. Please share any information about your services and what brings you here. My name is Turquoise I and the Group Founder, I source off market deals and bring them here feel free to check out what I post weekly if the deal is good and you want more information let me know. Also invite anyone who may benefit from this group I want those who are serious about their business and what assets they are interested in. Thank you I appreciate you all please feel free to engage with each other share a quote or advice also.

32 Units Vincennes, IN 47591 💰 Purchase Details Purchase Price: $2,000,000 ($62,500/unit) - Down Payment: $400,000 - Seller Financing: $1,600,000 (~5.1% interest) - Monthly Payment: ~$8,500/mo 🏢 Property Highlights - 32 one-bedroom, one-bath units - Two-story garden-style Class B community - Renovated in 2023 & 2025 - Adjacent to Vincennes University - Located in a Qualified Opportunity Zone - Value-add upside through lease-up (12 vacant units) 📊 Financials (Actuals) Current Performance (T12 / In-Place) - Gross Income: $187,180 - Operating Expenses: $38,289 - Net Operating Income (NOI): $148,891 - Current Cap Rate (on $2,000,000 price): 7.44% - 11.7% cash on cash return  -  Conservative proforma cash on cash return  17+% 📈 Pro Forma - Conservative NOI: $170,000 - Pro Forma NOI: $213,693+ (as provided) - Upside driven by: - Lease-up of 12 vacant units - Rent growth on stabilized occupancy - Operational efficiency gains 📌 Value-Add Thesis - 20 / 32 units currently occupied - Immediate NOI expansion through lease-up - Renovated asset (2023 & 2025) - Strong spread between in-place yield (7.44% cap) and stabilized performance -

Low-density infill property in high-demand Northwest Dallas $660K+ invested in capital improvements since 2020 (interior renovations, AC replacements, exterior enhancements, and gated access) Diverse unit mix supports a wide renter demographic and high retention High historical occupancy - averaging 95% over the past 6 months Ancillary income upside from covered parking, package lockers & amenity upgrades 5-year rent growth of ~43% in the submarket supports continued revenue potential

400k Cash Flowing - 1 unit vacant