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Updated over 8 years ago,

User Stats

54
Posts
11
Votes
Carlos Gutierrez
  • Investor
  • Charleston, SC
11
Votes |
54
Posts

20 Unit MF deal looking for Equity Partner/Private Investor

Carlos Gutierrez
  • Investor
  • Charleston, SC
Posted

Hi, 

Here's the info on the units:

20 units total-comprised of the following:

2- triplexes

1-6 plex

1-8 plex

All on the same street right next to each other.

Here's the financials:

Sales price- $750,000

Renovation estimate- $80,000

ARV- $1,000,000-$1,100,000

The 8 plex needs a total rehab, roof, paint, carpet, AC, WH.

The other 12 units are rented bringing in $700 a month, which is below market.

Market rent for a 2 bed 1 bath is $750-$825.

Thank You,

Carlos Gutierrez,

CG4 Properties llc

Direct-703-307-0127

Offering

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