Quarterly Newsletter 1Q21
HELPING INVESTORS SUCCEED IN REAL ESTATE
At SNC Group, we offer a comprehensive real estate investing platform that enables investors to succeed.
North Woods Plaza
$2.2MM, 12K ft2, North Newton, KS
Newly constructed commercial retail strip with two high profile tenants with lease terms expiring in 2027 and 2024. Currently 42% vacant with build to suit options for up to four new tenants. Developing area with more construction coming to the area.
Castle Heights Apartments
SNC Group helped an investor from Florida purchase this 48 unit multifamily complex. We look forward to finding the investor more investment opportunities in the stable Midwest market. Investor plans to improve cap rate from 9% to 13% by increasing rent 10-15% and moving 50% of units to Section 8 housing.
Seneca Place Apartments
SNC Group helped an investor purchase this 24 unit multifamily complex. It has been remodeled and will provide the owner with consistent income.
New Library Articles
"Google Reported last week that the search “When is the housing market going to crash?” had spiked 2,450% in the past month." “Five U.S. Housing Records Were Shattered in March” “That Suburban Home Buyer Could Be a Foreign Government” These are a few popular headlines from well-known publications over the last month (cnbc.com, worldpropertyjournal.com, & wsj.com). Real estate values have increased considerably over the last year and it’s apparent that this significant increase in value is causing anxiety from home buyers and real estate investors alike. It’s difficult to invest in markets when some of the most basic market indicators have been compromised by monetary manipulation. In these times, more so than most, we are a reminded that having a stated investment strategy is important. Having stated goals, timelines, key indicators, entry and exit points, etc. reduces anxiety and improves your investing. If you are wanting to clarify your own investing strategy, e-mail as at email@example.com.
Investment Brokerage - Construction Services - Property Management
Real estate brokerage services offered as agents of Berkshire Hathaway HomeServices PenFed Realty..