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FORMAL SUBMISSION PACKET REQUIREMENTS

If you are submitting a formal package please
mail it to:
Mr. Jay A. Klarchek
Senior Vice President
Capital First Realty, Inc.
875 N. Michigan Avenue, Suite 3800
Chicago, Illinois 60611
Phone: (312) 649-4624 Fax: (312) 202-9512
E-Mail: jklarchek@capitalfirstrealty.com
Your package should include the following information:
- Your name, address, phone number and fax number.
- The community name and address.
- Name of ownership entity.
- Asking price and terms.
- A current rent roll.
- Occupancy level for the prior three calendar years.
- The last rent increase date and amount and the history
of rent increases for the prior three calendar years.
- Information on existing debt.
- A copy of the most recent real estate tax bill and
special assessments, if any.
- Color photographs of property.
- Community site map, if available.
- List of community amenities.
- A community location map.
- Property size (in acres), broken down between developed
land and expansion area, if any.
- Zoning status.
- Market survey of the primary competition.
- Demographic information on the tenants and general
area.
- Identify what utilities are passed through to the residents,
if any.
- Identification of the type of water and sewer service
at the community (municipal or well water, septic system,
sewage treatment plant or municipal sewer).
- If the community is serviced by a municipal water source,
is the community master metered by the municipality?
- The year the property was built and when subsequent
phases were developed, if any.
- Type and number of parking spaces (for example, 2 car
off-street parking and a dozen visitor parking spaces
at the clubhouse).
- Identify whether roadways are concrete, asphalt or
gravel and whether they have concrete curbing.
- The approximate site site sizes and a breakdown of
the size of homes they can accommodate (for example, 50%
of the lots are 40'x 90'and can accommodate 14'x 70'homes,
25% are 55'x 80'and can accommodate 28'x 62' homes, 25%
are 60'x 120'and can accommodate 28'x 72' homes).
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