16 unit Complex - New build with Warranty - Near College & Hospital - Angola IN

[Tammie Jones]

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $1,700,000

In Search of partners or buyers to build this 16 unit complex near Trine University.

What made you interested in investing in this type of deal?

The amount of Demand for housing in this market

How did you find this deal and how did you negotiate it?

I am a Real Estate Broker - looking for a buyer or a partner in this project

How did you finance this deal?

Regular Commercial Loan

How did you add value to the deal?

I am a property manager and will manage this complex for you!

What was the outcome?

still in process...

Lessons learned? Challenges?

I am looking for a buyer or partner in this project.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Open Door Rentals and Real Estate - Realtors and Property Managers.
Community State Bank - local Lender - Agent: Lindsay Schook
Kiracofe Homes - Builder