Updated about 3 years ago on .
SFR + ADU in Santa Rosa CA
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $420,000
Cash invested: $200,000
Value add - SFR+ADU
What made you interested in investing in this type of deal?
Cash Flow Play - Long Term Appreciation
How did you find this deal and how did you negotiate it?
Off Market
How did you finance this deal?
Traditional Conforming
How did you add value to the deal?
2/1 reno to a 3/2 plus ADU addition
What was the outcome?
Locked in 18% CoC return and 25% Total ann return
Lessons learned? Challenges?
ADU are more expensive than you would initially expect
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am an agent and investor in Santa Rosa (North Bay CA) market.