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Updated over 5 years ago,
Multi-unit 14 Unit Apartment Rehab
Investment Info:
Large multi-family (5+ units) buy & hold investment in Nashville.
Purchase price: $235,000
Cash invested: $865,000
Bought an old apartment building in Germantown/SalemTown and gutted it. Invested about 650,000 in renovations. Bank per forma showed $600/month rent, now $1,100+ Great Cash Flow property