Goodegg Investments Acquisitions Criteria

In order to find the cream-of-the-crop investment opportunities out there, we maintain a strict set of criteria when it comes to acquisitions.

We know that a big part of the success of an investment comes from the initial acquisition, so we’re meticulous about crossing all our T’s and dotting all our I’s when it comes to screening and vetting potential assets.

Below, you’ll find more details about the types of assets we’re currently looking for, as well as the specific criteria we look for when considering whether to add a particular asset to the Goodegg Portfolio. 

P.S. If you happen to find or know of any assets that meet these criteria, we’d love to take a look! Please reach out to us at [email protected], and we can dive in together.

Multifamily Criteria

We are always looking to add strong multifamily assets to our portfolio – particularly those in growing markets and with strong upside potential. Below is an overview of what we’re looking for. To see examples of multifamily assets we’ve already acquired, check out the Goodegg Portfolio.

  • Number Of Units

    50 - 400 units

  • Asset Class

    A | A- | B+ | B

  • Vintage

    1980s and newer

  • Pricing

    $15M - $50M

  • Business Plan

    Core Plus | Value-Add

  • Markets

    Southwest, Southeast, Mid-Atlantic, Midwest

  • Local Market Strengths

    Solid 3-mile median incomes, projected future population growth, attractive school districts

Hotel Criteria

For hotels, we are focused on select-service hotels, particularly those geared toward business travelers. Below is an overview of what we’re looking for. To see examples of multifamily assets we’ve already acquired, check out the Goodegg Portfolio.

  • Number Of Rooms

    80 - 120 rooms

  • Vintage

    2000s and newer

  • Hotel Brands

    Hilton, Marriott, and IHG

  • Pricing

    $10M - $25M

  • Cap Rate

    8.5% or higher

  • Markets

    Midwest, Southeast

  • Management

    Unencumbered management

Preferred Equity Criteria

If you or someone you know owns and operates a strong performing multifamily asset and are in need of preferred equity, we’d love to learn more. Below are our criteria for pref equity partnerships.

  • Type Of Asset

    Multifamily

  • Asset Class

    A | A- | B+ | B

  • DSCR

    1.2 or higher debt service coverage ratio

  • Debt Yield

    In-place debt-yield above 6%, with stabilized debt-yield above 7.5%

  • Debt Percentage

    Overall LTV below 75%

  • Markets

    Growth markets in the South and Southeast

  • Sponsor

    Strong sponsor with significant track record

Have A Deal That Meets These Criteria?

If you have a deal that meets the criteria above, we’d love to take a look. For the right deal, we’re open to exploring potential partnerships, GP equity, and other incentives. 

To get the conversation started, email us at [email protected].

Scroll to Top
Black bullhorn in a white box
Invest Now – See Our Open Offerings

Want to invest alongside us in strong diversified investments? Check out our open offerings and grab your spot now!