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Updated over 2 years ago,
28 unit Multi-Family Buy and hold investment
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,700,000
Cash invested: $400,000
Our team purchased a 28 unit multi-family property. We did some exterior renovations and raised rents to meet market value. By doing this it simply increased cash flow and forced equity into the property