499 Beech Street, Manchester NH.
Investment Info:
Large multi-family (5+ units) commercial investment investment in Manchester.
Purchase price: $183,000
Cash invested: $200,000
16 Unit apartment building in Manchester NH.
What made you interested in investing in this type of deal?
Property was purchased at auction for redevelopment.
How did you find this deal and how did you negotiate it?
The property was purchased at a forclosure auction.
How did you finance this deal?
Private funding and refi after construction.
How did you add value to the deal?
All units and common areas renovated. Increased rent and reduced expenses as a result.
