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Updated almost 14 years ago on . Most recent reply

User Stats

58
Posts
5
Votes
DG H.
  • Real Estate Agent
  • Mineral Wells, TX
5
Votes |
58
Posts

Building your own Multi-Unit

DG H.
  • Real Estate Agent
  • Mineral Wells, TX
Posted

Has anyone built their own 4 plex or larger?
Our RE business is in a small town (8K people, surrounding area adds up to 10K). The apartments in my town are all owned by the same family and there's two low income apartment houses. So what I'm saying is nothing is for sale. All the apartments are rented full.
Since we have a consturction company I was wondering if it would be profitable to build a 4 plex to start.
Anyone have any input?
Thanks for answering.

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