past investment post

[Justin Brennan]

Investment Info:

Small multi-family (2-4 units) commercial investment investment in San Diego.

Purchase price: $695,000
Cash invested: $550,000
Sale price: $2,750,000

Ground up development in Point Loma. 4 town homes.

How did you finance this deal?

traditional construction lender. 5.75%

How did you add value to the deal?

Demolished old building and built 4 new town homes.

What was the outcome?

successful profit for investors 17% return.