Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on .

User Stats

7
Posts
2
Votes
Charles Wainer
2
Votes |
7
Posts

Multifamily 94 units with additional 17 conversion

Charles Wainer
Posted

Great midtown location in Tucson, Arizona; we acquired at a great discount, 94 units, 17 of which are 4-2, and will be converting to 2-1 and gain an additional 17 units totaling 111 units after reno, adding 1.4MM valuation. Built 1972, very conservative underwriting, 70% LTV, 506B.

Estimated closing on last week of March.