Dallas Ga 5 unit commercial unit

[Abimael Ochoa]

Investment Info:

Office Space commercial investment investment.

Purchase price: $165,000
Cash invested: $80,000

5 unit commercial mixed used building

What made you interested in investing in this type of deal?

Cap rate

How did you find this deal and how did you negotiate it?

Network I am in

How did you finance this deal?

Hard money 80%

How did you add value to the deal?

invested $40k into driveway, new acs, paint and pressure wash.

What was the outcome?

increase rents nearly double

Lessons learned? Challenges?

seek local property manager sooner. Managing as out of state owner