south downtown. up and coming now. started buying 1979. had 23 unit block away sold and rehabbed another building. been in the neighborhood longer than anyone. 1000 units planned across the street, 165 already started. converted 5 units to short term rentals, 75% occupancy. has 6 long term rentals. 12 units total. and parking for 10 cars. plus another parking lot that would fit 27 units develop. 24 spot parking, rents 16 to law firm and others indiv. about 60/month each car. He wants a builder and stay in on the deal. parking 6units (1 is his office) all short terms/furnished, 130/night, 94k last year just short term rentals, building wadsworth 6units 900/unit/month, wadsworth (parking) tenants use this so no RR, 60/month for 18 spots and 1080/month for 16 or 18 spots. (hes very unclear about the parking RR, im confused sorry). gotta be a package for 2 lots and 2 buildings, 1.54M for package. (20k by 27 spots). package or nothing or partnership deal.
south downtown. up and coming now. started buying 1979. had 23 unit block away sold and rehabbed another building. been in the neighborhood longer than anyone. 1000 units planned across the street, 165 already started. converted 5 units to short term rentals, 75% occupancy. has 6 long term rentals. 12 units total. and parking for 10 cars. plus another parking lot that would fit 27 units develop. 24 spot parking, rents 16 to law firm and others indiv. about 60/month each car. He wants a builder and stay in on the deal. parking 6units (1 is his office) all short terms/furnished, 130/night, 94k last year just short term rentals, building wadsworth 6units 900/unit/month, wadsworth (parking) tenants use this so no RR, 60/month for 18 spots and 1080/month for 16 or 18 spots. (hes very unclear about the parking RR, im confused sorry). gotta be a package for 2 lots and 2 buildings, 1.54M for package. (20k by 27 spots). package or nothing or partnership deal.
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