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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).
- Capital First Realty Inc. -