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Updated over 1 year ago,
Seller Financed 24 Unit
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,530,000
Just closed on a seller financed 24 unit in Huntsville, AL! This is a Class C value-add. The terms are: 10% down, 5 year balloon, 1% interest only for 1 year, 4.75% on a 30 am for 4 years. Down payment + reno budget came from investors.