Duplex Sold in Miami

[Gabriel Carrera]

Investment Info:

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

Purchase price: $329,000
Cash invested: $30,000
Sale price: $471,000

This was a buy and hold property producing over 10% cap rate when purchased.

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

The rental market in Miami is high on demand and the location was ideal.

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

This deal was found by good old fashioned prospecting.

How did you finance this deal?

This deal was financed through a private lender.