Ground up 14 units 1940 3rd st NE

[Frank Chambers]

Investment Info:

Large multi-family (5+ units) commercial investment investment in Washington.

Purchase price: $4,089,000
Cash invested: $1,022,225

We found a super hot deal in a hot area in DC

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

Super hot location

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

MLS

How did you finance this deal?

Long term bank sold not the new bank sucks!

How did you add value to the deal?

I made 2 four units into 14 in NOMA