Multifamily acquisitions

If you followed our first report from August 27, you will recall that we dove into this acquisition with some risks. Today, just over a month later, we are pleased to show how our team’s efforts are already paying off.

Firstly, here is the post from that day.

Multifamily Acquisition #1 – 2000 and 3000 Block E.C. Street, Time to Show Some Real Muscle

Acquisition Summary:

• Property Detail:  2 buildings, 14 units
• Acquisition Date: August 27, 2024
• Total Acquisition Price: $364,000
• Capital Expenditures (CapEx): $30,000 per door
• Potential Rent: $900 per door
• After Repair Value (ARV): To Be Created

This is Michiko from Mutual Trust Management Advisors LP.

Today, I want to show you what sets this Fund apart from other residential real estate funds, and how we really unlock value through our strategic acquisitions.