[Calc Review] Help me analyze this deal
Hello,
I've owned a few small multi family apartments and my primary single family for years. I'm looking to expand / grow into larger multi family and wanted analyze a deal with 12 - 14 units in a condominium complex.: 12 are owned by 1 owner and 2 others are separately owned. I'm looking to see if it would make sense to acquire all of them and combine into a multifamily or flip as individual condominiums. Presently they are zoned as condominiums and taxed accordingly, if recombined I assume we could file for an abatement and get the taxes reduced. I welcome your thoughts and to see if anyone has interest in discussing this deal further, possibly partnering.
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