All Forum Posts by: Kavon Hunter

Alright I have the current rent roll, I believe it is class c, and I should be able to get the T-12 tomorrow. But the property is in downtown Harrisburg, in a pretty good location in the city.

I appreciate everyone taking the time to respond. But to provide a little more information, it's full occupancy, could use some very minor work. But as far as value adds, I could add washer/ dryer, more efficient lighting, maybe pet fees? Any other suggestions?

Hello everyone, I am currently in the process of learning about commercial investing (apartments) and I wanted to get some feedback regarding one the deals that has been brought to me to try and understand if this makes sense to buy. 

Here are some of the numbers:

Asking: $650,000

Annual expenses: $61,376

Annual rents:  $157,500

NOI: $96,124

Any advice would be greatly appreciated. Thank you.