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Updated about 20 hours ago,
8 Unit Multifamily - Do I buy?
I am looking on help for my first real estate investment deal. I really want to get into the space and would love any input.
I am looking at an 8 unit multifamily that is currently listed for $395k built in 1972. Each unit is a 1/1 684sqft renting for $795. 6 units have been updated. Last years average monthly expenses were about $2701. The property is located in West Texas.
Let me know any details I need to add!
Thank you,
Zeke