20 unit townhome community in Indiana

[Justin Goodin]

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $3,200,000

20 unit townhome community in Indiana

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

This property was prime for a value add business plan. The exterior was dated, the interiors were all original, and rents were under market by $800+.

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

I found this property from a cold email.

How did you finance this deal?

Local bank financing with a fixed interest rate.