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Updated about 5 years ago on . Most recent reply

User Stats

7
Posts
8
Votes
Courtney Dillard
  • Georgia
8
Votes |
7
Posts

Analyze this deal please

Courtney Dillard
  • Georgia
Posted

I have the opportunity to purchase a 20 unit apartment complex from my father. Consist of 8-1br, 8-efficiencies, and 4 units in between. There is some deferred maintenance but it’s mostly cosmetic to exterior of building. Purchase price is 600k. Gross rents are $10,300 with 3 vacancies currently

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