Acquisition Criteria
Acquisition Criteria
Swallow Hill Investments makes educated real estate investments and monitors all new opportunities that come both on and off market. Although >99% of these do not meet our strict standards for investment, when we do find a needle-in-the-haystack investment that fits the below criteria, we move quickly:
Class-B/C quality assets with material upside
Los Angeles County, Orange County, Inland Empire, Ventura County, Central Coast, Central Valley
Below-replacement cost
Motivated sellers
Well-located
No soft-story retrofit needed
Preference for assets only subject to AB 1482
In-place yield reasonably close to market interest rates, with the ability to stabilize at an appropriate spread over market cap rates
Preference for the potential to add ADUs