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Updated almost 6 years ago on . Most recent reply

User Stats

135
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60
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Sergio Altomare
  • Rental Property Investor
  • Greater Philadelphia
60
Votes |
135
Posts

First syndication - home run duplex

Sergio Altomare
  • Rental Property Investor
  • Greater Philadelphia
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Philadelphia.

Purchase price: $340,000
Cash invested: $30,000
Sale price: $510,000

The property was acquired through a syndication my company formed. We managed the property through the hold period and sold at peak IRR, which was 27%.

  • Sergio Altomare
  • Podcast Guest on Show #545
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