Historic Rehab, large medical complex
Investment Info:
Office Space other investment in St. Louis.
Purchase price: $200,000
Cash invested: $800,000
Large medical complex rehab of historic building 20,000 sq foot
How did you finance this deal?
Cash
How did you add value to the deal?
Gut Rehab
What was the outcome?
Cash flow and IRR >20%
Lessons learned? Challenges?
Don't replace old elevators unless you have to
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Developer
- Red Pill Kapital