Multifamily Apartment Investing

[Hud Floyd]

Investment Info:

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

Purchase price: $10,000,000
Cash invested: $50,000

Great value-add, purchased with rents far below market average. Property has increased $3 Million in value.

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

Multifamily apartment investing is one of the most stable, best performing, and best cash-flow producing investments available.

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

Multifamily investment group

How did you finance this deal?

Fannie Mae

How did you add value to the deal?

Unit improvements, exterior improvements

What was the outcome?

Increased NOI