1010 Randolph - 4 unit Multifamily Deep Value Add

[Cody Journell]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $100,000

Currently under construction. Deep value add multifamily project. 4 units. 2 x 2 bd 1 bth, 2 x 1 bd 1 bth.

What made you interested in investing in this type of deal?

Deep value add

How did you find this deal and how did you negotiate it?

Negotiated directly with seller

How did you finance this deal?

Private acquisition and construction financing

How did you add value to the deal?

Full rehab and then plan to lease

What was the outcome?

Still under construction

Lessons learned? Challenges?

TBD