Triplex Rental Property in Denver

[Tara Rose Iguidbashian]

Investment Info:

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

Purchase price: $1,200,000
Cash invested: $300,000

Triplex rental property - represented buyer

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

Cash flow

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

Realtor found in MLS. Great cap rate so ended up competing and getting over asking.

How did you finance this deal?

Residential lender

How did you add value to the deal?

25% down

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Peter Sola lender - recommend if you are in Denver area looking at multi-units.