Massachusetts + Rhode Island
Preparing to acquire small multifamily property.
Stu Property Group is a three-founder ownership group. We are preparing for a first property and review each opportunity against six written gates.
We are pre-acquisition. Our criteria are the record we can share today.
Send an opportunityA clear first conversation
Facts first.
We welcome introductions from owners and brokers. Send the address, basic facts, and your contact information. We will review the opportunity against our current criteria.
An introduction is not an offer to purchase. It does not create an agency, brokerage, investment, or representation relationship.
Current review gates
Six gates. All must be evidenced.
We consider rental property in Massachusetts and Rhode Island. Unknown information is not treated as a pass.
- 01
Cash flow
Day-one cash flow must be positive after debt service.
- 02
Debt coverage
Debt-service coverage ratio must be at least 1.25x.
- 03
Immediate work
Immediate capital work must be no more than 10% of the purchase price.
- 04
Distance
For a first property, the drive must be within 60 minutes. Later opportunities may be within two hours.
- 05
Reserve
A protected reserve must remain in place.
- 06
Decision
All three founders must approve unanimously.
These are review criteria. They are not a promise to buy, a valuation, financing advice, or a statement of available capital.
Opportunity intake
Send the facts you have.
A short introduction is enough to begin. Please include the property address, unit count if known, pricing guidance, available income or rent information, immediate work you know about, timing, and your connection to the opportunity.
Do not send tenant names, Social Security numbers, bank information, or documents through the form.
Send an opportunityCurrent stage
Pre-acquisition.
We do not yet have properties, residents, or resident services. This site is for counterparties who want to understand our criteria or share a possible acquisition.