information for 119-unit project

TZLC group LLC has identified an REO property that is going to be on auction. We believe it could be a very profitable candidate for acquisition.

Known facts from auction company:

1) 119 units condo for auction in DFW area
2) Starting bid $2M with $25k deposit, and 5% premier on final price.  Closing in two weeks. cash. Auction date is 11/7
3) current occupancy rate at 94%.


the above information is for case study only, the board is neither for or against the project.

For those who qqh me, I add your email address to the group.  check your mail (could be in junk box).  the google group name is chinesereit (https://groups.google.com/forum/?fromgroups=#!forum/chinesereit)

所有跟帖： 

• Very good neighborhood. -borisg- ♀ (311 bytes) () 10/18/2012 postreply 03:55:05

• man, you see many things eye to eye with us -Jeepster- ♂ (30 bytes) () 10/18/2012 postreply 06:21:52