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Updated over 3 years ago on . Most recent reply

Alex Moore's profile image
Alex Moore's profile image
Alex Moore
  • Investor
  • from San Francisco, CA
  • Member since Dec 28, 2020
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17
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Alex Moore's profile image
Alex Moore's profile image
Alex Moore
  • Investor
  • from San Francisco, CA
  • Member since Dec 28, 2020
Connect
Alex Moore
  • Investor
  • San Francisco, CA
4
Votes |
17
Posts
Real Estate Deal Analysis & Advice

Four unit class C apartment building

Alex Moore
  • Investor
  • San Francisco, CA
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Grand Rapids.

Four unit class C building with deferred maintenance. Purchased with eviction process in-place for non-paying tenant during COVID. Successfully moved tenant out of the building and have renovated 2/4 units to class B+. Rents are now almost twice in-place rents setting record for the area.

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Alex Moore's profile image
Alex Moore's profile image
Alex Moore
  • Investor
  • from San Francisco, CA
  • Member since Dec 28, 2020
Connect

User Stats

17
Posts
4
Votes
Alex Moore's profile image
Alex Moore's profile image
Alex Moore
  • Investor
  • from San Francisco, CA
  • Member since Dec 28, 2020
Connect
Alex Moore
  • Investor
  • San Francisco, CA
4
Votes |
17
Posts
Alex Moore
  • Investor
  • San Francisco, CA
Replied

@Ryan Chatman thank you! A ton of work, but great cash flow return.

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