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Address: 518 Linda Dr, San Marcos, TX 78666 (Sutton Apartments)
Number of Units: 104
Value Add Deal? Yes
Purchase Price: $12,500,000
Estimated monthly increase projected? $125 (Currently acheiving $100+ over our projected updated units rents on non renovated units)
Anticipated value after value add: $21,000,000 with a 6 exit cap. market cap at purchase 4.5. 17245000 at a 7 exit cap
Estimated Cash on Cash Return: 7%
Estimated Internal Rate of Return: 17%+
It’s great to be surrounded by so many like-minded people that are looking to accomplish similar goals. I love Rod’s outlook on growth and the humility that he shares in his successes and failures.
Broker.
Bridge Debt.
Syndication.
$1.3M
$4M
* 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.
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242 S. Washington Blvd Suite 319
Sarasota, FL 34236
