Updated almost 4 years ago on . Most recent reply
10 Unit Apartment Complex
Investment Info:
Large multi-family (5+ units) commercial investment investment in Bellingham.
Purchase price: $1,730,000
Cash invested: $450,000
Sale price: $1,730,000
10 Unit Apartment in a central location in Bellingham, WA. This property was bought with 5 investors that created an LLC with an operating agreement.
Most Popular Reply
@Heather Kahn, looks like a nice property.
What is the Cap rate, NOI, and average rent per unit?
Is it already stabilized, or you will work on that?
To finance it, Did you put 20-25% down on a commercial loan?