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Jesse Dickens
Pro Member
  • Rental Property Investor
  • Denver, CO
9
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22
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Wrapping up 2020 on a high note!

Jesse Dickens
Pro Member
  • Rental Property Investor
  • Denver, CO
Posted Dec 31 2020, 11:51

Hard to even articulate how I'm feeling about sharing this win. It has been a rollercoaster of a year on several different levels, but I am so excited to say that we closed on this 24 unit in Tucson, Arizona yesterday! 

We sourced this property through an off-market campaign and were able to come to a common ground with the seller. He had owned it for 11 years and was ready to ride off into the sunset. This property has 100% economic occupancy and is roughly 15% below market rents. It has some deferred maintenance and needs some overall TLC, but we are happy to give it the attention it deserves. Big shout out to the BP community for continually providing great content and value. You have created a platform that allows a regular guy like myself to take a property like this down and really begin my multifamily journey!

Now the real fun begins as we get to reposition this asset and bring

it to life!

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