Large multifamily investing covers apartment complexes of twenty units and up, the institutional end of rental housing.
Log in to followTwo decisions and they interact, which is why I can't separate them. Position one, in since 2022. 320 units, 2016 vintage, big Sun Belt metro. Purchase was $61.4M, $192k a unit, f…
180 units, built 2004, secondary Sun Belt market about 40 minutes from a major metro. Purchase price $28.5M, so $158k a unit. The sponsor's deck says replacement cost in that subm…
I've held this parcel for eleven years. It's zoned for multifamily by right, sewer is at the property line, and I've had three inquiries in the last decade and none of them seriou…