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Updated 13 days ago on . Most recent reply

Zeke Flores's profile image
Zeke Flores's profile image
Zeke Flores
  • New to Real Estate
  • from Amarillo
  • Member since Dec 18, 2024
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Zeke Flores's profile image
Zeke Flores's profile image
Zeke Flores
  • New to Real Estate
  • from Amarillo
  • Member since Dec 18, 2024
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Zeke Flores
  • New to Real Estate
  • Amarillo
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8 Unit Multifamily - Do I buy?

Zeke Flores
  • New to Real Estate
  • Amarillo
Posted

I am looking on help for my first real estate investment deal. I really want to get into the space and would love any input. 

I am looking at an 8 unit multifamily that is currently listed for $395k built in 1972. Each unit is a 1/1 684sqft renting for $795. 6 units have been updated.  Last years average monthly expenses were about $2701. The property is located in West Texas. 

Let me know any details I need to add!


Thank you,
Zeke

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