TX Mulit Family 86 unit
Investment Info:
Large multi-family (5+ units) commercial investment investment in Cleburne.
Purchase price: $1
Cash invested: $2,100,000
86 unit multi family C class apartment located in Cleburne TX.
How did you finance this deal?
Freddie Mac Non Recourse Debt
How did you add value to the deal?
Upgraded interior units, grilling station, relocated office from 2 bedroom townhome to the unused laundry space.
What was the outcome?
A boost in value of nearly $3,000,000
Lessons learned? Challenges?
The market you invest in will have a substantial impact on your results. Demand is crucial.
