Apartment Building Investment KC MO
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,510,000
Cash invested: $520,000
30 unit class C- will turn into a B.
What made you interested in investing in this type of deal?
Cashflow and wealth creation, upside potential
How did you find this deal and how did you negotiate it?
Local broker
How did you finance this deal?
Convention bank financing local.
How did you add value to the deal?
remodel interiors all units.
What was the outcome?
TBD
Lessons learned? Challenges?
TBD
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Local Broker