Having undergone $20 million in capital improvements and renovations, the property benefits from a synergistic mix of fitness, daily-needs and service-oriented tenants including a brand-new Lidl grocery store and Planet Fitness.What made you interested in investing in this type of deal?

Its about the right size / type / condition for the property I would like to find to upgrade from the duplex I sold in 2019,   and from my research,  it is likely that the ownership are getting to the point in their tenure where selling might be on their minds.Given the building's likely income/expense numbers  (I own a nearby, similar style/quality property I can extrapolate from) I can make an educated guess to its value and given that value range I can afford it without excess leverage.   

The units are all lined up next to each other townhome style. 

Office costs vary depending on if you go to a small mom and pop place versus a larger corporate style space.

new investor Jason here. heres a probably too long intro....currently i am in NYC for 18 months then i will return home to the coast of North Carolina where i plan on purchasing single family homes and some du/tri/quadplexes BRRRR style in hopes of building a great future for my family!

., since real estate is a local business, I can't comment on FL styles for rentals. 

Cash invested: $20,000 Hostel Style Short Term Rental What made you interested in investing in this type of deal?

Investment Info:

Other buy & hold investment in Denver.

Purchase price: $159,000

Cash invested: $50,000

Scouted area with favorable existing multi-family zoning on under-utilized lots. Found this...

My goals are all oriented towards financial independence.

This neighborhood is a community of townhome-style houses.