Equity Partnership 30 Unit BRRR Albany, NY

[Garreton Smith]

Hey BP Fam, 

I have an off-market 30 unit opportunity in Albany, NY. The property is currently underperforming and can be repositioned. The property is currently cash flowing. The value-add is the cosmetic fixtures to each unit and some plumbing/ roofing upgrades. I have this opportunity and I'm looking for an equity partner to help fund this deal. I will control the day-day operations I have contractors, architects, engineers, and property management in Albany, NY already. A great BRRR opportunity, I can share exact details. Let's connect

PP- 2.4M (Nego)

Construction- 650K-700K

Rents- Current 600-900 

Market rents- 1000-1200

[Giovanni Lisi]

Hey Garreton, I’m interested in learning more info on this!