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Multi-Family and Apartment Investing
Account Closed
  • Real Estate Broker
  • Dallas, TX
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Update on 9 unit Multi-Family: Not such great news

Account Closed
  • Real Estate Broker
  • Dallas, TX
Posted Jul 27 2014, 19:26

It's been a few months since I last updated.  The 5 attached units (of 9 total) are finally ready to show.  The other 4 will be a few more weeks.  I have attached a before and after of the kitchen.  

Unfortunately, as I suspected, the 950 sq. ft, 3/1 units are not getting the most positive feedback... "rooms are too small", "there's only one bathroom", "stairs are narrow", "construction is bad" (I am assuming they mean because I didn't completely replace the 1950's walls and trim).

Anyway, here's a "Before" and "After" of one of the kitchens.  Hoping to have renters soon, possibly at a little lower rent than I anticipated considering the comments.

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