20 Unit MF deal looking for Equity Partner/Private Investor

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20 Unit MF deal looking for Equity Partner/Private Investor

Investor · Charleston, SC · Member since 2015 · 54 posts · 11 votes

Hi, 

Here's the info on the units:

20 units total-comprised of the following:

2- triplexes

1-6 plex

1-8 plex

All on the same street right next to each other.

Here's the financials:

Sales price- $750,000

Renovation estimate- $80,000

ARV- $1,000,000-$1,100,000

The 8 plex needs a total rehab, roof, paint, carpet, AC, WH.

The other 12 units are rented bringing in $700 a month, which is below market.

Market rent for a 2 bed 1 bath is $750-$825.

Thank You,

Carlos Gutierrez,

CG4 Properties llc

Direct-703-307-0127

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  • Investor · Plano, TX · Member since 2016 · 14 posts · 1 vote
    10y

    I was wondering if your able to send financials on the properties cashflow or a pro forma

    my email is at the bottom of the post

  • Rental Property Investor · Concord, CA · Member since 2016 · 499 posts · 219 votes
    10y

    @Carlos Gutierrez Email me at [email protected] with more info on the property and what are you looking for in the partner 

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