We are seeking investment in exchange for equity to purchase and renovate the once upscale apartment complex, Centlivre Village. The complex is home to 455 units, with only 17 occupied at this time.
There is no asbestos or led paint on the property, and the buildings are constructed of brick and concrete block walls. Built in the mid 60's the same complex today would cost $30 million to build.
Once complete, the property could enjoy a very high cap rate as and a steady annual income over $1m.