Simmy Ahluwalia

Atlanta, GA

United States

Profile Information:

Company name and description
SIMS Capital, LLC specializes in brokering funding/financing for commercial real estate, fix 'n flip, small businesses, and even media/entertainment.

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  • Carole L Singh

    We need a proof of funds for $150,000 to do a commercial deal. Can you provide one? What is fastest time someone you have could do a cash purchase. Anyone with 100% commercial purchase and rehab financing. We are the rehabbers. 

    6 plex apartment building, (Downtown Residential). Interior has been gutted and is ready to be finished.
    Features
    LISTING INFORMATION 
    Updated: 03/25/2018
    12 Bedrooms
    11 Bathrooms
    Multi-Family
    4,536 Square Feet
    Lot Size: 4356 sqft
    PUBLIC RECORDS 
    Updated: 04/01/2017
    Multi-Family
    4,536 Square Feet
    Lot Size: 4,290 sqft
    Purchase $50,000
    rehab $100,000 max
    Assessed value $93,000 as-is
    Assessed value when last functioning apartments $266,700 
    ARV  $325,000
    RENTAL ZESTIMATE : 
    $1,200/mo per 2 br apts X 6 apts = $7,200 mo.   
    Zillow Comps
    878 Chicopee St,
    Chicopee, MA 01013
    15 beds 6 baths -- sqft
     SOLD: $100,000 as-is
    Sold on 12/27/17
    Zestimate®: $231,717
    56 Pine St,
    Holyoke, MA 01040
    9 beds 3 baths 3,875 sqft
     SOLD: $260,000  finished upgrades
    Sold on 11/20/17
    Zestimate®: $255,679
    108 Walnut St,
    Holyoke, MA 01040
    6 beds 4 baths 2,800 sqft
     SOLD: $205,000  3 apartments
    Sold on 04/21/17
    Zestimate®: $241,543
    124 Beech St,
    Holyoke, MA 01040
    8 beds 4 baths 2,500 sqft
     FOR SALE 
    $219,900
    Zestimate®: $214,960
  • Carole L Singh

    $150,000 but needs to be able to close the purchase in less than 2 weeks, price of $50,000

  • Rob Beeman

    Simmy, as a mortgage broker, if you seek a direct lender to real estate investors servicing 30 states................try us.

    Lending on 1-4 unit properties and 5+ unit multifamily.

    RBeeman@DLPCapital.com

    215-913-1580

    Thanks, Rob