4 Story 8-Unit Rental

4 Story 8-Unit Rental

4 Story – 8 Unit Rental

Chicago North

Don’t Buy Multi-Family! BUILD IT

Book Example – Updated – Feb, 8 2022

50′ x 150′ RM-5 Zoned Lot

These larger 3 bedroom units (~ 1700sf) and large duplexes are in demand as rentals.

Value at 4.4 CAP is conservative for a brand new property.

Look at the Equity + Cash Flow projections to see how quickly a project like this builds equity in the first few years of ownership!

22 Palione Pl - Multifamily Property

Status:            Sample Pro Forma

Property Type:        New Residential Rental

Building Size:          16,500 SF

Actual CAP Rate                   5.4%

Document List For Investors

FINANCIAL SUMMARY (PRO FORMA  2022-23)