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 👇🏻 https://drive.google.com/file/d/1aGSEMtISoLAAsUEHiVnn6sJupYig6EaM/view?usp=drive_web