• Brant Dumford, MBA

Recent Transaction: Castle Heights Apartments

Updated: 7 days ago

Total Investment: $1,375,000

Net Operating Income "NOI": $130,000

Going-In Cap Rate: 9%

Projected NOI: $180,000

Projected Cap Rate: 13%

Strategy: SNC Group recently helped an investor from Florida purchase this 48 unit multifamily complex. We look forward to finding the investor more investment opportunities in the stable Midwest market. Investor plans to add value by increasing rent 10-15% and move 50% of units to Section 8 housing.

15 views0 comments

Recent Posts

See All
  • LinkedIn
  • White Facebook Icon

Real estate brokerage services offered as agents of Berkshire Hathaway HomeServices PenFed Realty.