Recent Purchase - 4plex - looking for Property Manager

[Nathan Schultz]

Investment Info:

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

Purchase price: $265,000
Cash invested: $73,000

4 unit apartment.

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

Good tenants, good cash flow, improving neighborhood.

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

Partnership buy-out

How did you finance this deal?

Commercial loan

How did you add value to the deal?

minimal upgrades, increase rents

What was the outcome?

great