22 Units in Des Moines

[Matt DeBoth]

Investment Info:

Large multi-family (5+ units) buy & hold investment in Des Moines.

Purchase price: $725,000

21 Apartments, 1 commercial warehouse, 3 acres of commercial land all part of 1 parcel

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

Cash flow

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

broker

How did you finance this deal?

bank, $0 down

How did you add value to the deal?

new tenants

What was the outcome?

cash cow