I need a POCKET LISTING for an apartment building.
I have a CASH BUYER with $x,xxx,xxx to spend.
Need a high cap rate in a good area.
Let me know if you have anything.
So, let me get this straight: You’re looking for an off-market opportunity to buy something in a good area with a high cap rate (eg a low price relative to the income it generates)?
What a surprise… it turns out that I, along with every single other broker and investor in the entire city of LA, am looking for a similar property!