Multifamily Value Add Opportunity

Hey friends,

We just got a notice that our buyer will not perform on our value add multifamily in Albany, GA because of a lack of funds to close.

What a bummer.

Lucky for you that means this property is up for grabs.

Here’s a summary:

Purchase Price: 185K
8 Units
Rents are 275/mo
Market rents are 600-800/mo
Renovation is estimated at 10k unit (~80k total)
Property value is estimated to be 400k conservatively after rehab and rent raises
 

Here's the full breakdown 👇

Best Regards,

Julian Castle

PS - Thank you again for joining the real estate investors group, we want to keep adding value to you.

So if you have any ideas of how we can let us know, we are open to suggestions.