Share 'SEEKING PRIVATE MONEY FOR THIS DEAL: Louisville Portfolio (100% Off Market / 76 units / 7 buildings / distressed with value add)'
7 buildings (76 units total) all located in the Norfolk apartment community *rehab & reposition *Value add Asking price $1.5M Please review attached rent roll and photos. I have several recent sales comps ($35k - $40K per door appraisal value).
Here's my scenario...$1.2M purchase price (can go to $1.3M easily)
$400,000 rehab required
= $1.6M needed
$33,000 per unit after rehab value (easy, c…
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