Property Types:
Garden Style, Mid-Rise and High Rise Apartments
Asset Class:
A+ to C
Location Quality:
A+ to C+
Property Size:
50 to 5,000 units; single asset or portfolios;
Pricing:
$5.0MM to $200MM+
Property Vintage:
1920’s to new construction
Investment Structure:
Affordable Communities: Nautilus utilizes Bonds and Tax Credits. Other structures on a case by case basis.
Market Rate Communities: Nautilus pays all cash or cash to new financing.
Acquisition Submittal Requirements
Affordable Housing Communities:
Copies of any Regulatory Agreements impacting the property;
Original and most recent Section 8 Project Based (“HAP”) contract;
Most recent Audit and Budget;
Most recent REAC;
Most recently issued HUD Rent Schedule;
Executive Summary; photos, description, site schematic and typical unit floor plans.
Market Rate Communities:
Current rent roll;
Operating Statements for most recent 2 complete years and YTD-prefer these in monthly columnar summary style:
Executive Summary: photos, description, site schematic and typical unit floor plans.
