My first Apartment /multi-family.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $380,000
Cash invested: $380,000
13 Unit Townhouses complex. Value Add acquisition. 5-7 year hold.
What made you interested in investing in this type of deal?
Great value add, cash flowing from day one, great area, class B/C.
How did you find this deal and how did you negotiate it?
This deal was on Loop net.
How did you finance this deal?
Private Loan
How did you add value to the deal?
We will be adding value through improvements in operation and repairs, increasing rent.
