Multifamily Specialist
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Hello! As our name would suggest, we specialize in the sales and acquisition of commercial real estate with a major focus on multifamily properties.
Having a lot of equity in a rental house is like a super power being locked up in a box. Right now prices for investment properties have trended down for the first time in YEARS while the values of home have continued to rise. This is an opportunity to jump from small properties to bigger rentals using your equity.
I've been talking with a lot of people about student housing near University of Washington lately. The main moving parts of how student rooming houses pencil out is quite consistent so I decided to make a video reviewing one deal in particular. If you've been curious what the numbers really look like or what you can expect when investing in the U-District this video is for you 😃
We've got a handful of properties to choose from and more on the way as the owners get ready to sell/list. Let me know what you think or how I can improve these videos and I'll keep posting deal breakdowns here and on my other social channels!
I've been talking with a lot of people about student housing near University of Washington lately. The main moving parts of how student rooming houses pencil out is quite consistent so I decided to make a video reviewing one deal in particular. If you've been curious what the numbers really look like or what you can expect when investing in the U-District this video is for you 😃
We've got a handful of properties to choose from and more on the way as the owners get ready to sell/list. Let me know what you think or how I can improve these videos and I'll keep posting deal breakdowns here and on my other social channels!
05/20/2025
Have you wondered what it's like owning apartment buildings in Western WA?
EXAMPLE: This is a 6-unit student housing building in the U-district that sold a few months back for $1,250,000. When it sold it was already bringing in 102k/year in rents with only 6 bedrooms. After paying taxes, insurance and utilities you're still left with 70k NOI (net operating income) to make the mortgage payment and take as profit. This doesn't even take into consideration the appreciation in value over time OR the tax write-offs you can take every year.
If you're curious what multifamily buildings in western WA actually sell for and how much money they actually bring in-follow this link to our website and you can see a super simple report of all the multifamily properties sold in the past 6 months. click on a property to see all the income and expenses data for that specific property. I'm happy to do a deep dive and help underwrite properties with anyone looking to get familiar with multifamily in the puget sound.
https://www.multifamilyspecialist.com/recently-sold.../
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Bothell, WA
98021
