Peter predicted the 16-unit West Texas apartment complex, after renovation, would rent for $850-$1050 per unit and have an after-repair value (ARV) of $1.1-$1.2 million.
"the units were renting out for anywhere from 850 to,50 per unit per door if they were renovated correctly... it would sell for around 1.1 to12."
Peter projected that the renovated 16-unit apartment complex in West Texas would achieve rents of $850-$1,050 per unit and have an After Repair Value (ARV) of $1.1-$1.2 million.
"I ran the numbers. Uh the units were renting out for anywhere from 850 to $1,050 per unit per door if they were renovated correctly. ... it would sell for around 1.1 to $1.2 million."