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%.
Work With Rahmé Team
The principals of the Rahmé Team remain involved in every transaction, and foster a culture of collaboration between team members, to offer clients and listings a competitive edge.