I closed a 59 unit multifamily deal in Tampa!

[Adam Ulery]

Investment Info:

Large multi-family (5+ units) industrial investment investment in Tampa.

Purchase price: $3,800,000
Cash invested: $1,300,000

See full description here:
https://ibuycoastal.com/blog/f/coastal-harbor-properties-adds-59-units-to-portfolio

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

Freedom, escaping the rat race

How did you finance this deal?

Private investment capital and commercial bank financing

How did you add value to the deal?

In addition to raising capital, I assisted with optimizing processes, systems, team collaboration, and technical strategy.

What was the outcome?

a profitable deal for our investors

Lessons learned? Challenges?

Listen to my podcast, Tech Guys Who Invest for this:
https://www.tgwipodcast.com/59unit-part1/
https://www.tgwipodcast.com/59unit-part2/

[Adam Ulery]

@Account Closed It's a value add play. We're remodeling and updating units, adding a common brand to all buildings and pushing rents to attract a better class of tenant. Taking this from a C- to C+ over the next 5 years.