
Crystal View Capital is actively seeking to expand its portfolio by acquiring off-market assets. If you have an off-market asset that you believe meets our acquisition criteria, please contact us. We would be happy to discuss your asset in more detail.
Acquisition Criteria
Self-Storage:
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Property Size: 30,000 + sq ft. or a minimum of $20,000 per mo. in gross income (no development). The larger the better. If a portfolio deal – one location must meet these parameters.
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Yield: Typically 5%+ cap based upon in-place NOI but will go lower if there is a compelling story to create value in the near term.
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Value-add: i.e. ability to raise rents (both street rates and on existing), increase occupancy, and solve delinquency issues.
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Ownership Profile: Preferably mom-and-pop owned.
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Geography: Nationwide.
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Buyer Strength: We can pay cash, move quickly, have the creativity and resourcefulness to work on “special situations”, and most importantly we have a reputation for doing what we say.
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Broker Compensation: We are principals. We will pay additional comp (1-2%) for off-market deals.
Mobile Home Communities:
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Property Size: 50 sites or a minimum of $20,000 per mo. in gross income (no development). The larger the better. If a portfolio deal – one location must meet these parameters.
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Yield: Typically 5%+ cap based upon in-place NOI but will go lower if there is a compelling story to create value in the near term.
-
Value-add: i.e. ability to raise rents (both street rates and on existing), increase occupancy, and solve delinquency issues.
-
Ownership Profile: Preferably mom-and-pop owned.
-
Geography: Nationwide.
-
Buyer Strength: We can pay cash, move quickly, have the creativity and resourcefulness to work on “special situations”, and most importantly we have a reputation for doing what we say.
-
Broker Compensation: We are principals. We will pay additional comp (1-2%) for off-market deals.