28 unit Multi-Family Buy and hold investment

28 unit Multi-Family Buy and hold investment

Realtor · Member since 2022 · 2 posts · 0 votes

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $1,700,000
Cash invested: $400,000

Our team purchased a 28 unit multi-family property. We did some exterior renovations and raised rents to meet market value. By doing this it simply increased cash flow and forced equity into the property

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  • Rental Property Investor · IL · Member since 2019 · 285 posts · 137 votes
    4y

    If you don't mind me asking, where is this located?

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