Theresia Kurnadi Rental Deal

 

Theresia Kurnadi Rental Deal

Golden Section Properties, Inc in Cheviot, OH
Theresia Kurnadi with Cristina Robinson & Vinod Kulhari

This is one of two properties we purchased as a portfolio. This is a well-maintained, highly occupied 12-unit apartment. We funded 80% of the purchase price with a Fannie Mae loan, and private equity covered the down payment and repair cost. After we are done implementing the value-adds, we expect to be getting 8% cash on cash.

Rental Details

Property City: Cheviot
Purchase Price: $480,000

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Case Study

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