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Updated over 3 years ago,
5 unit apartment update
Hey guys sorry for the late reply, it has slipped my mind to update my post! So we have successfully completed the rehab and have actually sold the property for a nice profit. The reason for selling is we realized the property class and size isn’t what we were wanting long term. We have since rolled the profits into a bigger deal, 18 units and are well on the way to having a great newly rehabbed asset with great upside. We are super thankful to our friends and fellow partners in the deal to help bring it all together! It’s a team sport!