Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Ruby Hernandez

Ruby Hernandez has started 1 posts and replied 1 times.

Post: 9.75% cap rate | 14.5% cash on cash

Ruby HernandezPosted
  • Posts 2
  • Votes 0

12-unit apartment building

Cash flowing, 12-unit C-Class property for sale in a rapidly growing area located in Pensacola, FL

All units are 2 bedroom/2 bathroom and are 100% leased. Capital improvements include the full renovation of 5 units and the replacement of 40% of the HVAC units. There's a value-add opportunity through raising rents $100-$225 as well as completing renovations on the remaining units.

Price: $1,320,000

As-Is Value: $1,550,000-$1,932,000

Upgraded and Repositioned Value: $1,715,000-$2,140,000

This is a rare opportunity to acquire a value-add, multifamily property at an excellent price per door, in a growing market.

Please message me if you have interest and would like additional information.