Apartment complex Mortgage

[Dominic Rodriguez]

Is it possible to acquire a mortgage  on an apartment complex for roughly around a million dollars  with little or no money down. Either hard money or traditional financing.  the price of the complex would be below  market value.  the complex is roughly 325 units 

[Michael Le]

Originally posted by @Mark Fedorov:

A million for 325 units sounds wrong. Usually, B class buildings are between 60 and 110K per unit, so 350 units would be $4MM...ish.

$4m? 350 units at $60k would be $21m. Either way, 300+ units you can expect to be paying $15-25m, if class B or C.