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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingAre there any advantages in older Multi-Family Units?
Patrick Noel's profile image
Patrick Noel's profile image
Patrick Noel
  • from Hollywood, Florida
  • Member since May 27, 2015
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Patrick Noel's profile image
Patrick Noel's profile image
Patrick Noel
  • from Hollywood, Florida
  • Member since May 27, 2015
Connect
Patrick Noel
  • Hollywood, FL
13
Votes |
42
Posts
Multi-Family and Apartment Investing

Are there any advantages in older Multi-Family Units?

Patrick Noel
  • Hollywood, FL
Posted Aug 27 2015, 06:37

I've found only disadvantages associated with acquiring older Multi-Family units....More Wear-and-tear, expensive capital expenditures regarding roof replacement, higher insurance, etc... I am curious to find out, if there are any actual advantages associated with purchasing older multi-family units (40+years) aside from maybe negotiating much lower prices?  

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