Multifamily Portfolio for Sale - $24.7M NOI, CMBS Maturity

This listing presents an exceptional opportunity to acquire a substantial multifamily real estate portfolio comprising 12 properties across 7 states. The portfolio features Class B & C+ properties with a strong Net Operating Income (NOI) of $24.7 million and an occupancy rate of 90%. The offering targets institutional investors, family offices, and hedge funds seeking a 24-36 month term with a projected Internal Rate of Return (IRR) in the high teens to low twenties. Potential exit strategies include refinancing through agencies like Freddie Mac or Fannie Mae, HUD financing, or an UpREIT execution for preferred equity partners. The seller is also exploring opportunities with Sovereign Funds and is open to discussions regarding a $500 million valuation over a 36-60 month horizon. This is a prime investment for sophisticated investors looking for significant returns in the multifamily sector.