Multifamily Properties.
Our projects.
Multifamily Properties
Duplex
Detroit.
Units : 2
1,876
Lot size:4,356
It is a Multifamily home built in 1962, currently is has a net cap rate of 11% .
In this duplex in Detroit we bought it to fix it and rent it. We improve bathrooms, kitchen and floors.
Rooms: 4
Bathrooms: 2
Detroit, Michigan
Albuquerque, New Mexico
Multifamily Properties
Condominium
Albuberque, New Mexico
Units: 152
Property Description: Class C asset with concrete build.
Property Summary: Combined 113,802 of rentable ft on 8.40 acres with 8 buildings.
In this proyect Ultra High is part of the investors who bought the multifamily property to do renovations on the property, then have an exit in year 3 achieving a 17.6% IRR.
Unit Mix: 23% one bedroom, 53% two bedrooms
and 24% three bedrooms.
Parking: Combined 379 parking spots.