Updated over 5 years ago on .
Multifamily Apartment Investing
Investment Info:
Large multi-family (5+ units) commercial investment investment in Lawrence.
Purchase price: $10,000,000
Cash invested: $50,000
Great value-add, purchased with rents far below market average. Property has increased $3 Million in value.
What made you interested in investing in this type of deal?
Multifamily apartment investing is one of the most stable, best performing, and best cash-flow producing investments available.
How did you find this deal and how did you negotiate it?
Multifamily investment group
How did you finance this deal?
Fannie Mae
How did you add value to the deal?
Unit improvements, exterior improvements
What was the outcome?
Increased NOI