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Ep. 169 - Distressed Assets, Smart Renovating & Strategic Neighbors
Manage episode 456691060 series 3587627
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In this episode of Multifamily Masterclass, host Bart Diehl is joined by panelists John Kobierowski and Amanda Schwicht to dive into the unique acquisition of Venture on Colter. Being one of only 33 multifamily assets of 100+ units sold in Metro Phoenix in 2024, this deal stands out as a rare opportunity.
We explore:
- The art of acquiring distressed assets at significant discounts.
- Why Venture on Colter shines, thanks to $2M in smart renovations and minimal future updates from the previous owner.
- The perks of being neighbors with GCU, from enhanced security to community upliftment.
- A message to investors: Why this property is poised for success and how it stacks up in today’s market.
Tune in to learn how strategic investments like these pave the way for long-term success in multifamily real estate!
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