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Updated 21 days ago,
Looking for funding - 18 apartments building
I am seeking a loan or a joint venture partner to convert a school building into an 18-unit apartment complex. The project requires a $350,000 down payment (with the seller financing $500,000) and approximately $450,000 for rehabilitation, totaling about $1,350,000. The anticipated after-repair value is $1,700,000, with an expected monthly cash flow of $8,500. I will be happy to discuss this opportunity in detail and can provide all the information - please contact me if this sounds interesting to you