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Updated almost 5 years ago,
Recent acquisition of a 100 plus door multifamily building.
Investment Info:
Large multi-family (5+ units) commercial investment investment in Chesapeake.
Purchase price: $9,500,000
Cash invested: $2,800,000
This is a larger multifamily Syndication I'm a General Partner and Key Principal on.
We just closed on this recently. The cash invested of 2.8 was LP investors and GP investors combined to acquire the asset.
Asking price was just over $11,000,000