Our investment goal is Value Creation which we seek to achieve either through value-added investments or ground-up development.
Value-added investment opportunities involving re-positioning, new development, leasing risk, redevelopment, or below-market contract rents.
Urban infill opportunities which allow for redevelopment of commercial, residential, or mixed-use property types.
Multi-tenant assets with rehabilitation upside are attractive.
Raw land or improved but under-utilized sites are attractive.
Commercial or residential condominium conversion opportunities will be considered on a case by case basis.
50 units or more for existing apartments.
“C” market placement or better – lower end properties will be considered if rehabilitation can result in “B” or better market placement.
Low density residential or commercial development that is zoned for higher density residential development.
Underperforming properties or properties with value-add potential.
Condo-mapped apartments are attractive.
Retail, office, or industrial properties which can be redeveloped with residential uses are attractive.
Over one acre except for CBD sites.
Infill sites preferred.
Yields for ground-up development and value-added rehabilitation, repositioning, renovation, lease-up, or turnaround deals will be considered on a case by case basis with a focus on future value and high IRR expectations.
Southwestern United States, with emphasis on Southern California (San Diego, Orange & Los Angeles Counties, and the Inland Empire), Las Vegas and Arizona.
MINIMUM DEAL SIZE:
$2 Million – San Diego County
$5 Million – Southern California
$10 Million – Southwestern United States
Deals ranging from $5 Million to $100 Million are preferred
0% to 100%
Properties priced below Replacement Cost are attractive.
AMERICAN PROPERTY ENTERPRISES will close all cash or consider assuming seller’s debt.
Able to complete due diligence and close quickly.
Acquisition in fee, or joint venture with seller or other entities.
Can be made if sufficient information is available. We recommend meeting with the seller to better understand seller’s objectives.
AMERICAN PROPERTY ENTERPRISES acts as a principal and places a high value on its broker relationships. Outside brokers are generally contracted for leasing and/or future re-sale if qualified.
Please submit all investment offerings to all of the following: