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Updated over 5 years ago on . Most recent reply

User Stats

415
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James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
Posts

Buy and Hold In Leschi, Seattle

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

buy & hold investment.

Purchase price: $1,325,000
Cash invested: $450,000
Sale price: $2,349,000

Great cash flow investment in Seattle. Incredible cap rate and amazing location. Right off of I90 and I5, easy access to transport options with views of Lake Washington. A little reno went into each unit to update appliances and kitchens, making it easier to up rental rates.

How did you finance this deal?

I used funding from Intrust Funding.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Intrust Funding

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