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20 contributions to Multifamily Strategy Community
Investors 260 Units in Lansing: Under Contract at $12.5M (Appraised Higher)
Hey Friends quick heads up here is a deal i’m working with my friends We've got a 260-unit apartment portfolio under contract in Lansing. We’re closing on February 2nd. And honestly, the details are kind of nuts… We're buying it for 12.5M. But an independent appraisal done about 12 months ago came back 3.75M HIGHER than what we're paying. That is added equity on day one. The properties are sitting at 92% occupied at this moment. Stable submarket. Consistent renter demand. Garden-style units. Our business plan is simple. Push rents up strategically, tighten operations, make smart improvements without going overboard. We're projecting NOI hits about 1.39M by year three. The numbers for partners: • 8% preferred return• 19.3% IRR projected• About 2X multiple Translation: If you put in 250K... projected net profit of 529K (plus your capital back) If you put in 500K... projected net profit of 1.06M (plus your capital back) If you put in 1M... projected net profit of 2.11M (plus your capital back) If you put in 3M... projected net profit of 6.35M (plus your capital back) Timeline: • Soft commitments close January 12• Hard commitments + wired funds due January 19• We close February 2nd Fair warning... We're being selective about who we bring into this. It’s a Reg D, 506(c) Offering so it’s for Accredited Investors. (Reply to this email if you have questions about that) I want folks who share the same values and trust we've built in this community. Next steps: 1. Review the property details here. 2. Watch the video walkthrough. 3. Reply to this text if you're interested
1 like • 12d
@Brandon Brown looking for investors
Mentorship Call Issue
trying to join the Monday call and the link is telling me the call is for tomorrow ?
0 likes • 14d
same here not working
Lessons Earned, Not Taught
Most of what we know in multifamily didn’t come from books — it came from experience. What’s one lesson you had to learn the hard way? Could be: - Underestimating expenses - Partner misalignment - Debt that looked fine… until it wasn’t - Assuming “we’ll fix it later” For me, I learned that structure and communication matter just as much as returns. What was yours? 👇
3
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260 Units in Lansing: Under Contract at $12.5M (Appraised Higher)
Hey Friends quick heads up here is a deal i’m working with my friends We've got a 260-unit apartment portfolio under contract in Lansing. We’re closing on February 2nd. And honestly, the details are kind of nuts… We're buying it for 12.5M. But an independent appraisal done about 12 months ago came back 3.75M HIGHER than what we're paying. That is added equity on day one. The properties are sitting at 92% occupied at this moment. Stable submarket. Consistent renter demand. Garden-style units. Our business plan is simple. Push rents up strategically, tighten operations, make smart improvements without going overboard. We're projecting NOI hits about 1.39M by year three. The numbers for partners: • 8% preferred return• 19.3% IRR projected• About 2X multiple Translation: If you put in 250K... projected net profit of 529K (plus your capital back) If you put in 500K... projected net profit of 1.06M (plus your capital back) If you put in 1M... projected net profit of 2.11M (plus your capital back) If you put in 3M... projected net profit of 6.35M (plus your capital back) Timeline: • Soft commitments close January 12• Hard commitments + wired funds due January 19• We close February 2nd Fair warning... We're being selective about who we bring into this. It’s a Reg D, 506(c) Offering so it’s for Accredited Investors. (Reply to this email if you have questions about that) I want folks who share the same values and trust we've built in this community. Next steps: 1. Review the property details here. 2. Watch the video walkthrough. 3. Reply to this text if you're interested
3
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"Christmas Week Check-In".
Merry Christmas, everybody. Christmas week check-in: still working. Still learning. Still taking swings. Grateful for everyone I've connected with this year and the conversations that helped me sharpen my approach. Taking a little time with family, but still keeping the pipeline warm and staying ready for the next opportunity.
"Christmas Week Check-In".
1-10 of 20
David Centeno
3
14points to level up
@david-centeno-5966
I’m David, founder of Gorilla Grooming Co. & real estate investor from Florida. Focused on growth, quality, & community impact! #Entrepreneur

Active 57m ago
Joined Dec 4, 2025
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