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Acquisitions

Westernbay Real Estate Investments is actively seeking to identify and acquire challenged Multifamily and Retail properties in Colorado and select markets nationwide.

We will buy properties with:

  • Financial Problems
  • Maintenance Problems
  • Tenant Problems
  • Cash-Flow Problems
  • Vacancy Problems
  • Structural Problems
  • Title & Tax Problems
  • Management Problems
  • Building Code Problems
  • Environmental Problems

Westernbay is actively seeking the following property types:

Apartment Buildings

Our preferred property type is older or challenged small to midsize multifamily apartment buildings located in relatively low crime, stable, generally improving middle income/working class neighborhoods, within short distance of schools, shopping, healthcare, and employment opportunities. See Acquisition Criteria for more information.

Small-Mid Size Retail

We also seek small-midsize retail class B and C neighborhood strip malls, older centers, and properties w/ a change of use or mixed use redevelopment possibility. Vacant retail buildings in high traffic areas are also considered.

**Strong demographic trends (area growing/ improving/ employment prospects increasing/ located in a path of planned/ new and/or re-development progress), solid traffic counts and zoning flexibility serve to guide our retail acquisition decisions. See Acquisition Criteria for more information.