24h (edited) • 💰 Raising Money
260-Unit Lansing Multifamily Deal — 19% IRR
One of my partners brought me this 260-unit deal in Lansing, MI and it's exactly the kind of opportunity I'm sourcing for my investor network 🎯
Class B- property. Owner's overextended. 94% occupancy. The fundamentals are solid.
What jumped out at me: Rents are below market. Operations aren't optimized. There's real value waiting to be unlocked.
The sponsor team (Katie Claxton, Sandeep Pradhan, Jinil Patel) has a clear thesis: Interior and exterior upgrades. Rent optimization. Operational tightening. Move this from B- to B+ and the numbers speak for themselves.
**Investment Details:**
$250K minimum | 5-year hold | 8% preferred return
**Projected Returns:**
→ 19% IRR
→ 2X equity multiple
→ 22% AAR
→ 9.5%+ cash-on-cash
Undervalued. Executable. Transparent sponsors. Real projected returns.
If you're looking to deploy capital into multifamily that actually performs, let's connect. 🦍
#MultifamilyInvesting #DealFlow #RealEstateCapital
CLICK ON LINK FOR PITCH DECK 👇🏻
0
0 comments
260-Unit Lansing Multifamily Deal — 19% IRR
skool.com/multifamilystrategy
Find, Fund, Discuss, & Network on Multifamily Deals
Leaderboard (30-day)
1
+30
2
+23
3
+21
4
+20
5
+15
Powered by