Jeff Newman
Algonquin, IL (USA)
Role(s):
Pyxis Investments, LLC
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Startup
Location:
Algonquin
Industry:
Real Estate
Year Founded:
2006
Number Employees:
INVALID
Description:
Currently I am seeking a 100% financing on an apartment complex acquisition that will be converted to condominiums. The purchase price will be around 5 million dollars. The project will net between 1.5 and 2 million dollars in profit. Those calculation are based on 12% apr with 18k spent converting each unit. The property is an income producing property currently and is the units are in great shape. Please call if you can fund this transaction.