WestarCrew is actively buying all over the country, with a current specific focus on the Texas Triangle, Middle Georgia, Metropolitan Detroit, and North & Central Illinois. We are most interested in the following types of properties.
Residential (Single Family / Duplex / Triplex / Quadplex)
We buy houses with cash, transform them, and create move-in ready dream homes. Our mission is to help homeowners and improve our community with every project we work on. We specialize in the following:
- Cosmetic and Major Fixer Uppers
- Fire Damage / Water Damage / Foundation Problems
- Property Inheritance / Probate
- Tear Down and New Construction
- Delaying or Stopping Foreclosure
- Back Mortgage Payments
- Buying Homes with Little or No Equity
- Job Loss / Relocation / Divorce
- Deferred Maintenance
Retail & Multifamily Buying Criteria
Distressed buildings with significant upside including: Multi-Tenant Retail / Strip / Shopping Centers (10k ft – 80k ft) and Class B or Class C Apartments (10-100+ units) priced between $1-6M. More specifically in order of importance:
- A realistic seller who understands that their asset (in it’s current condition) isn’t worth pro-forma value
- Priced below replacement cost (typically well under $100/ft); up to $6,000,000
- High vacancy (ideally at least 25-50%)
- Significantly below market rents
- Buildings with deferred maintenance / physically obsolete
- Desirable areas: strong traffic counts / employment
- Prefer median household income over $50k
- Built after 1970
- Location: Southeastern Texas and Central Georgia focused, but will consider nationwide.