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Updated about 5 years ago,
8 plex conversion to 6 plex
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $50,000
Cash invested: $200,000
started as an 8 plex. turning into a 6 unit. plan to long term rent half and air bnb half. in the designated opportunity zone. in path of progress. should earn a 35%+ cash on cash return