McAdoo Multifamily
Client Testimonials
What our clients across Northeast Florida say about working with us.
Steven made my first multifamily purchase feel far less intimidating than I expected. I was working against a 1031 exchange deadline, and he moved quickly to help me identify and secure 3668 Valencia, a 4-unit property in Riverside, with time to spare. When we hit some obstacles on the appraisal during financing, he stayed on top of it and worked through them to get the loan closed without the deal falling apart. As a first-time investor, I had a lot of questions, and Steven took the time to walk me through every step and always kept me informed. His help didn't even stop at closing. He connected me with an excellent property management company, so I walked away with the property and a plan to actually run it. I'd recommend Steven to anyone looking to break into multifamily investing in the Jacksonville area.
Steven has helped me sell several properties over the years, and I've always had a great experience working with him. He knows the market intimately and is extremely responsive. I've consistently been highly satisfied with both his process and his results. I look forward to doing more deals with him in the future, and I highly recommend him to any investor buying or selling multifamily properties in Northeast Florida.
My partner and I were finally ready to dispose of a larger multifamily asset we owned. We had gone under contract a couple of times with buyers from another broker at a larger firm, and both deals fell through. We felt Steven was the right choice to get this one done. He began working the deal aggressively before it was publicly listed, and we were under contract at a favorable price very quickly. We hit some last-minute snags before closing, but we got the deal done and were extremely satisfied with the outcome. I highly recommend Steven as a broker with high integrity who will go the extra mile for you.
Throughout the process of selling my property, Steven was extremely hardworking and professional. His communication was excellent, always making sure to respond within a timely manner. He gave me continuous feedback on where the market was at, keeping me informed at all times. He truly went above and beyond by taking care of every one of my requests. I could not recommend him enough.
I had the pleasure of working with Steven McAdoo on an off-market 8-Unit complex in Jacksonville, Florida. After visiting another local complex we manage, Steven was kind enough to dedicate the entirety of his afternoon to touring us through several listing and off-market opportunities in the area. In doing so, we ultimately identified an exceptional and well-located building, and Steven worked diligently to negotiate acceptable terms, opening escrow within a week.
The entire escrow experience proceeded with unusual efficiency, competence and genuine care for all parties involved, taking little more than one month from open to close. Such a clean escrow was due in no small part to Steven's experience, attention to detail, and open communication style which made it possible to keep deal flow progressing smoothly on a shortened timeline.
I appreciate Steven for his good work on a successful close and anticipate working with him on many deals to come in Jacksonville. I would highly recommend him to any existing Jacksonville multifamily investors or those interested in exploring this marketplace.
I've had the opportunity to work with Steven on several multifamily transactions over the years, both buying and selling, and he has consistently delivered outstanding results. His market knowledge is excellent, he's a very skilled negotiator, and he knows how to get deals across the finish line. I highly recommend him to anyone looking for a top-tier commercial real estate broker.
Steven recently represented me on the purchase of an apartment building that was listed by another agent. He toured the property himself and called me to say we should act quickly because he believed it had a lot of potential that wasn't well reflected in the listing agent's marketing. The rents were significantly under market, and the property was in an A+ location we both knew well. We quickly put together a cash offer with an aggressive closing timeframe and negotiated a great price. Due diligence revealed significant deferred maintenance, and Steven negotiated a substantial credit on my behalf so it remained a great deal. He also noticed the current owner was paying significantly over market for waste removal and, without me even asking, got me a bid that will result in a substantial reduction in that expense. I'm currently working on stabilizing the property, and when it comes time to sell, I'll be having Steven represent me again. I highly recommend working with Steven and look forward to doing more deals with him in the future.
Steven helped me purchase an 8-unit portfolio, my largest acquisition to date. He made the process seamless and went above and beyond when we hit some turbulence heading into closing. He's extremely hardworking and knowledgeable, and I highly recommend him to anyone looking for a market expert in Northeast Florida.
I've been talking with Steve for several years now, regularly discussing deals and the market. He's always been a valuable source of information, and we compare notes often. When it came time to sell one of my properties — a 12-unit multifamily — I instantly thought of him and wanted to get his thoughts on value. The initial valuation was lower than I was hoping for, but Steve pointed out that since the properties were separately parceled, we could likely net a much higher amount by selling them individually. It required more work from both of us to sell three quads to three separate buyers, but we were able to achieve approximately a 20% premium, so it was well worth it. Steve is very responsive and knowledgeable and quickly navigated us through any obstacles we faced. We successfully closed all three deals with the first buyer we went under contract with on each. I would highly recommend him to anyone considering selling their multifamily property in Northeast Florida.