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Updated about 5 years ago, 11/26/2019
Memphis 5 Unit Value-Add
Investment Info:
Large multi-family (5+ units) buy & hold investment in Memphis.
Purchase price: $120,000
Cash invested: $57,000
Contributors:
Taylor Adams
Value-add 5 unit property. Plan is to fill the two vacant units, fix the deferred maintenance, and improve the current units so we can double the value of the property in first 12 months.