Updated over 15 years ago on . Most recent reply
investing in multi family apartment complex's
has anyone invested in an apartment complex. I found one that is an REO. it is an 84 unit complex built in 1964. it has a 64%- 67% occ. rate that they are reporting as "climbing" price is $1,800,000.00 scheduled gross income $424,320.00. OE $200,000.00. I am interested to see how someone else has financed a deal like this one.