Dormitory style apartment rooms

[Brian Oberholzer]

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $435,000
Cash invested: $200,000

2 unique dormitory style buildings. Going through complete remodel while occupied, starting room by room with eventual common area and exterior finish by spring. Goal is to achieve the rule of 3% in rentals - amazing for an investment of less than 500k!