Empire American Holdings seeks residential properties
that meet this general profile:
Location: Anywhere in the continental U.S.
Units: 300+
Type: Single asset or large portfolios
Age: Up to ten years old
Style: Garden-style apartments
These are general guidelines only. Empire will consider older properties that are part of a large portfolio. Occasionally, Empire will assume financing or accept seller financing of a choice property. In every case, Empire closes each deal in a timely manner; no matter how large or how complex.
Empire’s Five-Point Promise:
Quick decisions. A fast and decisive answer as soon as possible.
Swift due diligence. A determined team that usually completes due diligence in ten days or less.
Commitment to close. We are serious about every deal and about finishing what we start.
On-time closings. Empire closes on time, regardless of the size of the transaction.
No mortgage contingencies. Empire acquisitions are generally cash deals and are generally self-financed. The seller is assured Empire is able to close.
Information Required:
The following information is required to consider a property for acquisition:
Full property description
YTD operating statement
Rolling twelve-month operating statement
Market information
Current rent roll
Current year’s and past two years’ tax bill
Previous year’s and past two years’ operating statements
Location map
Color photographs (including sales and rental comparables)
Terms of financing (if applicable)
Two year capital expense statement
Residential Acquisitions Contacts
Eli Feller, Residential Acquisitions 201-326-1661
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Empire Corporate Center 25 Philips Parkway Montvale, NJ 07645 866-805-6600
