Complete Ground Up Coliving Apartment

[Victor Ong]

Investment Info:

Large multi-family (5+ units) other investment.

Purchase price: $470,000
Cash invested: $2,500,000

Complete ground up development 5 unit townhome

What made you interested in investing in this type of deal?

Proximity to Art District Los Angeles

How did you find this deal and how did you negotiate it?

Redfin

How did you finance this deal?

Raised capital

How did you add value to the deal?

Ground Up

[Victor Ong]

@Jeffrey Tufenkian we have a total 32 ensuite in the community with a common courtyard that connects the buildings. We’ll let the operators manage the communal events as we only provide a platform. The property is about 3min to Art District in downtown LA.