Menu
I own an construction company and plumbing company in S. Florida. I own single family long term rentals, a 312 unit apartment complex and am working on a few development projects.
Address: The Pavilion on 62nd – Gainesville FL
Number of Units: 312
Value Add Deal? Yes
Purchase Price: $35,000,000
Estimated monthly increase projected? $139 on average/unit
Anticipated value after value add: $58,733,758
Estimated Cash on Cash Return: 52,79%
Estimated Internal Rate of Return: 57,15%
I love the community!
A friend brought the deal to me.
Joint Venture.
4 JV partners.
$11,787,750
It took a long time, converting from student housing to market rate, organizing capital stack.
It is much better to work with teams that have an impressive track record. Getting creative with deals can have a larger return.
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in Rod’s training and coaching. The participants shown are not paid for their stories.
If you hold interest in multifamily property investing, then we have numerous multi-family real estate investing courses for you under which we offer the best multifamily investing coaching. All you need to do is to enroll yourself in one or more programs and we will provide the best apartment investing coaching as we connect you with apartment investors network. So, what are you waiting for? Enroll today!
242 S. Washington Blvd Suite 319 Sarasota, FL 34236
+1-941-225-8477
As one of America’s top real estate professionals Rod mentors business leaders and entrepreneurs through world-class speaking events, books, and training courses online and around the world.
K L Promotions, LLC
242 S. Washington Blvd Suite 319
Sarasota, FL 34236
