C class North Linden duplexes, 1031ed in OTE B plus class duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $130,000
Sale price: $238,500
Purchased C class North Linden duplexes for $130K, held for a year and half then 1031ed into an Olde Towne East B + class historic duplex
What made you interested in investing in this type of deal?
Cashflow in an up n' coming area of Columbus Ohio
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Local lender - Perpetual Federal Savings Bank
How did you add value to the deal?
Added new roofs
What was the outcome?
Sold with multiple offers
Lessons learned? Challenges?
Searching for more B class rental opportunities
