THE
OPPORTUNITY
• PROPERTY ADDRESS LOCATION - Phoenix, AZ
• NUMBER OF UNITS 280+
• YEAR BUILT 1970 | Renovated 2021-2024
• AVERAGE UNIT SIZE ±538
• AVERAGE MONTHLY RENT $1,240
• PRO FROMA NET OPERATING INCOME ((ALL STABILIZED UNITS WITH MARKET RENTS)
$2,605,575
• PRO FORMA NET OPERATING INCOME (ALL STABILIZED UNITS WITH RENOVATED RENTS)
$2,767,174
Capital Scope is pleased to offer a 280+ unit garden style apartment community offering exceptional value-add potential.
Steps for Property Buyers
1. Express Interest In This Property: To receive financials and OM, you'll need to sign a Non-Disclosure Agreement (NDA) and provide a Buyer Information Outline (BIO). This step ensures the confidentiality of sensitive financial details related to the property. View and Download NDA HERE.
Please submit NDA and BIO to Gianni@CapitalScopeLLC.com
3. Submit Documentation: After conducting underwriting and deciding on an offer, submit your Proof of Funds (POF) along with a Letter of Intent (LOI). These documents demonstrate your financial capability and confirm your intention to purchase, aiding in the negotiation process.
OFFER SUBMISSION
To submit an offer, please provide a non-binding Letter of Intent (LOl) outlining the essential terms and conditions of your offer. This should include details such as:
1. The proposed asset price
2. The timeframe for due diligence and closing
3. The amount and timing of earnest money deposits
4. A description of the debt/equity structure
5. Your qualifications to close
Team:
Cliff Gianni Smith - Gianni@CapitalScopeLLC.com - Chief Executive Officer
Carlanda Meadors - Carlanda@CapitalScopeLLC.com - Executive Manager
Lachoya Thompson Lachoya@CapitalScopeLLC.com - Wholesaler/Loan Officer
Joshua Irwin - Joshua@CapitalScopeLLC.com - Wholesaler