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Updated about 3 years ago,

User Stats

17
Posts
8
Votes
Gary Lipsky
  • Syndicator
  • Manhattan Beach, CA
8
Votes |
17
Posts

Full Cycle in Less than 2 Years!

Gary Lipsky
  • Syndicator
  • Manhattan Beach, CA
Posted

Investment Info:

Large multi-family (5+ units) fix & flip investment in Phoenix.

Increased rent 43% and NOI 56% and sold at the 5 year projection in under 2 yrs!!

How did you add value to the deal?

Re-brand, full exterior paint, interior renovations, added amenities

What was the outcome?

2x multiple, 56% IRR and sold at the 5 year projection in under 2 yrs!

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