@ChinaFX888@TheICHpodcast 10 cap? must be a trailer park in WV..
161 apts at 95% occupancy with $1300 avg rent gets $200k/m. $2.4M topline, realistic to get $1.2m NOI. At 6 cap that’s $20m.
@paulswaney3 They are printing rn. Buy a large regional facilities services firm at 10x, have backoffice support ready, roll up bunch of small (<3M E) for 5x, bring down blended multiple to 8x while doubling E, sell everything off at 15x, saw this happen.
@the_P_God yeah, utilities are kinda high buddy, you don’t need electricity anyways
Also be a man and get an axe. Chop those tress down at central park, should have enough wood to last till christmas