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Updated about 7 years ago on . Most recent reply

User Stats

24
Posts
3
Votes
Mark Tallent
  • Overland Park
3
Votes |
24
Posts

Let me know what you think!

Mark Tallent
  • Overland Park
Posted
Hello Biggerpockets, I recently found a property that I love but I'm a newbie so let me know what you think. Ask price: 1.6m 30 units- 3 buildings 1 6plex 1 11plex 1 13plex all immediately next to each other current rent is an average of $550 per month but could easily be raised at least $100 with no extra work with work could raise to $950 this is in Missouri i believe there is a lot upgrades that could be done 2 of the roofs are wood shingles popcorn ceilings everywhere no covered parking just a parking lot carpet could be replaced and railing for stairs is the black metal spindles from the 70s seller does not want to finance selling this to upgrade to a bigger apartment complex and I don't have any cash so I need to do hard money

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