Acquisition Criteria

Wright Multifamily Investment (WMI) has attracted equity investors seeking apartment properties for immediate acquisition. 

Geographic Area

Two hours or less drive time from Philadelphia preferred. 

Size and Type

Two to four story Class B and C properties in Class A and B locations with a minimum of 100 units preferred. 

Terms

WMI and its investors will pay all cash, cash over an existing mortgage or re-capitalize and existing partnership. 

Tax Deferral

WMI consultants can assist in structuring an acquisition transaction, ownership and disposition to maximize tax deferral. Purchasers and sellers can be assisted in implementing tax deferred 1031 exchanges.

Brokers

Brokers rights will be honored assuming written authorized agency.  

Property Analysis- Profitability Factors

• Overall Capitalization Rate
• Equity Dividend Rate
• Potential for Rental Growth
  • Competitive Position
  • Loss to Lease
  • Correction of Deferred Maintenance 
  • Property Improvements
  • Capital Replacements
  • Re-configuration
• Potential Expense Reductions
  • Insurance Costs
  • Better Staffing
  • Tenant Selection
  • Enforcement of House Rules
  • Utility Sub-metering
  • Contract Re-negotiations/ Shopping
  • Water Saving Program
  • Real Estate Tax Relief 
• Net Income Growth Potential
• Front End Tax Shelter
• Holding Period Write-offs
• Internal Rate of Return
• Financial Advantages
  • Reduced Carrying Costs
  • Amortization
  • Non-taxable Distribution
  • Risk Confinement
  • Leveraged Returns