Updated almost 5 years ago on . Most recent reply
Apartment Building Investment
Investment Info:
Large multi-family (5+ units) commercial investment investment in Kansas City.
Purchase price: $2,245,000
Cash invested: $800,000
27 unit apartment building. Class C+. Will improve to a B.
What made you interested in investing in this type of deal?
Cash flow and wealth creation
How did you find this deal and how did you negotiate it?
local broker
How did you finance this deal?
Freddie Mac
How did you add value to the deal?
Washer dryer in units, improve kitchens and baths and exterior
What was the outcome?
TBD
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes. Local Broker and PM