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Updated almost 6 years ago,
New member. 16 unit apartment purchase
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