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Updated about 5 years ago, 10/20/2019

User Stats

11
Posts
0
Votes
Gurpreet Padda
Pro Member
  • Rental Property Investor
  • Saint Louis, MO
0
Votes |
11
Posts

Historic Rehab, large medical complex

Gurpreet Padda
Pro Member
  • Rental Property Investor
  • Saint Louis, MO
Posted

Investment Info:

Office Space other investment in St. Louis.

Purchase price: $200,000
Cash invested: $800,000

Large medical complex rehab of historic building 20,000 sq foot

How did you finance this deal?

Cash

How did you add value to the deal?

Gut Rehab

What was the outcome?

Cash flow and IRR >20%

Lessons learned? Challenges?

Don't replace old elevators unless you have to

  • Gurpreet Padda