35 units. Portland oregon.
Acquisition: ~$6.5M
Equity Required: ~$2M
Debt Structure: Seller financing + private lender participation (low interest, flexible terms)
Value-Add Strategy: Implement RUBS, modest unit upgrades, exterior refresh, and solar integration for expense reduction.
Cash-on-Cash: 8-10% annualized
• Equity Multiple: ~2.0x over 5 years
IRR: 14-16% (conservative underwriting)
Looking for 2 million plus closing costs