Reuven Gradon, President of Afton, is seeking to acquire multifamily investment properties in California with an emphasis on Southern California. Suitable properties are well-located within a major metropolitan area, located in infill areas. Our target acquisitions have a significant in place cash on cash yield and offer some value-add component through interior renovation, amenity addition, and addressing mismanagement.
Property Type: Apartments
Asset Class: A, B, & C
Pricing: 4 million – $250 million+
Investment Structure: All cash to seller. Loan assumption may be considered