27 Unit Deal in Milton Freewater, OR

[Sean Wilkinson]

Investment Info:

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

Purchase price: $1,450,000
Cash invested: $230,000

Buy and Hold: This is a 27 unit deal that we bought in 2019 and have brought gross rental incomes up from about $12,500 to nearly $20,000. We were able to secure seller financing on a 30 year note with $200,000 down. This now cashflows about $6,000/ mo on average while currently paying about $30,000 of principle each year.