Negotiated below asking price on behalf of investor for best priced 3 bedroom in the area and purchased with tenants in place at 4% cap rate, managed the renovations while owner was abroad, and raised the rent by 32%, which increased the cap rate to 6%.
Negotiated below asking price on behalf of investor for best priced 3 bedroom in the area and purchased with tenants in place at 4% cap rate, managed the renovations while owner was abroad, and raised the rent by 32%, which increased the cap rate to 6%.
