We Buy Small to Medium-Sized Apartment Buildings (10-100 units) in Cleveland, Columbus and Akron/Canton, Ohio
Do you have an apartment building in Cleveland, Columbus or Akron/Canton you would like to sell?
We are looking for Value Add, Class B & C properties in Class B neighborhoods.
- High tenant vacancy and/or turnover cost
- High cost for deferred property maintenance and repairs
- Lack of performance by the Property Manager
- Spending way too much of your time on the property
- Revenue and expenses are not matching the projections of the sales pitch
- High utility bills
- Large increase in insurance costs
- Negative monthly cash flow
- No clear win/win exit strategy
We offer solutions ranging from operational partnerships to partial or outright acquisitions (eventual or immediate). Our partnerships are designed to marry our respective investment objectives. Operational partnerships are structured so that we share a portion of the costs and revenues and all or some of the property performance management responsibility. If you just want to stop the losses, we can offer partnerships where we bear all of the cost and act as a sub-leasing management agent. In all cases, we bear and share the risk and cost, along with the reward — once we perform. You keep your current equity.
In cases where property ownership is no longer part of your investment strategy we can offer an outright acquisition (with no realtor fees and minimal closing cost). This can be an immediate objective or designed in as an eventual aspect of the operational partnership program.
If any of these options are of interest to you, I’d like to speak with you and understand your situation and ways that we might be of help.
330-464-8113
Passive Investors
Are you interested in learning more about becoming a passive real estate investor?
Learn how to earn strong, secured returns as a real estate private money lender and passive investor.
- High Net Returns
- Diversification
- Passive
- Secured Investing
- Real Physical Assets
If you want to know more, use the contact form and we’ll arrange a phone call.
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Jim StofferAsset Manager & Acquisitions
Jim has been in the real estate business in NE Ohio for over 35 years.
Originally Jim purchased single family and duplex homes for long term hold. He has also completed a number of fix & flip properties using private investor money over the years.
Through the 90’s and early 2000’s Jim originated mortgage loans for purchase and new construction transactions.
After years of managing his own properties, Jim began providing property management services for other local investors that did not have the time or expertise to manage their own.