Blue Alamo Luxury Apartments

[Nathan Allen]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $147,000

High end apartments in the Plaza District 💜

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?

Hunting in the area and driving for dollars.

How did you finance this deal?

FHA

How did you add value to the deal?

Complete gut and remodel.

What was the outcome?

Being the first to market in The Plaza District with luxury apartments.

Lessons learned? Challenges?

Buy right and stress test your deal.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Nope.