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Updated almost 6 years ago,

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3
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1
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John Thoma
1
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3
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New member. 16 unit apartment purchase

John Thoma
Posted

Good Morning 

We purchased a 16 unit apartment complex in a college town for 250k with 15k down.    The complex is all bills paid and it currently net profit around 60k - 65k per year.   We’ve owned it for 2 years.

We've kicked around the idea of selling it and moving. What's a realistic ROI as far as selling goes?? Obviously we got a pretty good deal and our return seems pretty good. Located in Oklahoma. Thanks

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