Real Estate Broker · Bellevue, WA · Member since 2015 · 415 posts · 1k+ votes
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,050,000 Sale price: $1,570,000
Multi-family tri-plex in a stunning location, with sweeping views of the bay and the mountains. The entire building has been remodeled with new kitchens and bathrooms. Each unit has its own viewing deck and private entrances. Easy access to major tech companies offices, and future access to light rail.
What made you interested in investing in this type of deal?
This is a really desirable location, especially with the view, the value on this building was guaranteed to appreciate, especially at the rate the market was increasing.
How did you finance this deal?
I worked with Intrust Funding
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?