BNI EQUITIES, LLC1059 East Iron Eagle Drive
Suite 155
Eagle, Idaho 83616
Voice: 208-639-7993
FAX: 208-639-7994
info@bniequities.com
Acquisitions
Acquisition Criteria
Stabilized Income Producing Assets
- Purchase Price: $3 - $30 million
- Property Type: Office, Retail, Light Industrial, Multi-Family
- Property Grade: Class “A” and Class “B” Properties
- Minimum CAP Rates:
- Office 7.5%
- Retail 7.0%
- Light Industrial 7.5%
- Multi-Family 7.0%
- Financing:
- Free and clear of existing debt
- Assumable under a Tenant-In-Common Structure
- Other Helpful Attributes:
- Annual rent increases
- Minimal early lease expirations
- Newer properties with minimal deferred maintenance (1980 or newer)
Land
- Acquisition Price:
- $2 - $10 million Land Bank
- $3 - $20 million Land Development
- Favorable Growth Locations:
- In a metropolitan area experiencing or projected to experience greater than average growth?
- In a sub-market within the metropolitan area in the path of economic and residential growth?
- In a specific area in the sub-market that has the highest potential for commercial growth?
- Barriers to develop in surrounding areas?
- Strong Appreciation Potential:
- Value expected to significantly increase in the next 3-5 years?
- Entitlements (minimal entitlement risks):
- Raw Land
- P-Plat
- Final Plat
- No Known Concerns:
- Environmental (phase I or II clean up necessary)
- Title/easements
- Restrictions prohibiting development
- limited or no water or rights
- Wet lands
- Topography limiting development or fatally reducing lot counts

