5 Unit in Gettysburg, PA

[Sean Reaver]

Investment Info:

Large multi-family (5+ units) buy & hold investment in Gettysburg.

Purchase price: $265,000

1 Retail unit and 4 apartments

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

Solids Casflow

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

Brought to us by a realtor

How did you finance this deal?

Commercial loan - 30% down

How did you add value to the deal?

Raise Rents and cosmetic upgrades

What was the outcome?

Still working

Lessons learned? Challenges?

Have enough cash upfront to make all upgrades. Know the town/city you work with. We struggled working with the borough of Gettysburg for to get any work done.