Acquisitions

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Acquisition Criteria


Targeting Core Market Opportunites

Noel Management pursues acquisition opportunities in core target markets depending on location, demographics, age and other key factors. Noel Management typically acquires properties on an all cash basis but will consider the assumption of existing financing. Noel Management completes a detailed analysis for each potential acquisition opportunity by evaluating its financial and operational viability and assessing its expected return on investment. With this research and analysis in hand, our team of financial, construction, leasing and management specialists apply our stringent criteria to ensure that each acquisition will reach the expected goal of our partners and clients.

Requirements

Cash or in place favorable debt
250 units or larger
A and B locations
Rehab/reposition opportunities
1990 or newer construction
Individual electric & water
Washer/dryer connections
9-foot ceilings
Central HVAC

On-site Management Team