Updated about 3 years ago on .
Townhouse complex in Liberty, MO
Investment Info:
Townhouse commercial investment investment.
With two fellow investors, we purchased 35 of 36 townhouses in a complex. At purchase, they were class C properties in a class A area. We have remodeled the complex's exterior and most interiors and raised the average rent from $900 to $1600 per unit. The average purchase was 125k, appraised for 140k, and now worth over 200k per. This has been a great deal. Happy to discuss details if anyone is interested. We currently manage the HOA and most of the units.
