Multi Family Elevations
MFE Mission Statement
Multi Family Elevations (MFE) is a privately held real estate investment company. MFE is continually in the process of locating, analyzing, and acquiring properties in emerging markets throughout the US. MFE’s objective is to generate high yield passive cash flow and capital appreciation to our investors.
MFE Goals
MFE primarily focuses on the acquisition of Value-Added apartment buildings. MFE utilizes proprietary tools, which uniquely aids in the ability to find structures within emerging markets throughout the US. MFE’s criteria includes the following:
- B & C Class Apartments
- 75 to 200 units per acquisition
- 1980 construction or newer
- 80% occupancy (immediately providing cash flow upon acquisition)
- 5 to 7 year hold period
MFE's primary objective is investor returns in conjunction with improving the lives of our tenants!
MFE will reposition the asset by adding capital improvements and reducing expenses through exceptional assets and professional property management.
MFE is currently reviewing several opportunities in Texas, Florida, Alabama, Georgia, and the Carolina’s.
MFE Founder
Mark Alfieri is the founder and managing member of MFE and has been involved with tenant-based real estate since 1994. Mark graduated from California State University Fullerton (CSUF) with a Business Administration/Finance Concentration degree. Along with his active participation in real estate, Mark has become an expert in the property and casualty side of the insurance industry. Mark has evaluated several structural elevations, from single family, multi-family, and commercial structures, and as to why "Elevations" was elected to be incorporated within business name. Mark's expertise has uniquely parlayed into additional Value-Added asset ownership. Ask Mark how...
MFE Future
MFE's vision also includes a humanitarian element. I was telling my 98-year-old father about an idea to assist people with low-income housing. He is an integral part of my motivation to help others and offered several points.
Society has created a class of low-income earners with minimal ability to achieve wealth or capability to “move up the ladder”. My father has lived almost a century, and this is his opinion.
It’s time to make a change! I will not illuminate the assistance needed to achieve greater opportunity, but I would like to give greater opportunity for those that have the drive to become better off for themselves and their families!
MFE's proposal, in conjunction with market equity returns, is to create wealth building as we have always looked at it in this nation, with ownership! I propose to give these individuals a great opportunity, if not the best opportunity, by moving from low income up!
More to come…