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Updated 11 months ago on . Most recent reply
Off market big portfolio opportunity
Hi All,
I was able to find a seller that is looking to offload a whole portfolio in the Cincinnati area of multi family buildings (80 doors in total, 8 buildings from triplex to 25 units) it's all off market and all units look to be in good condition but dated (baths/kitchen) so great value add properties.
I have NO experience with commercial buildings or Syndication of this proportions , he wants $7.5M for the whole portfolio.
I feel like there is a lot of meat on the bone here and would like to do something about it, but not sure where to start or how.
Any advice?
Most Popular Reply
@Daniel Ehevich
I host an online investing group for the local Cincinnati chapter of REIA (Real Estate Investors Association). It would be a great place to get mentoring/partners as there is an apartments focus group. Check it out at cincinnatireia.com