This was the very first time this client was buying an investment property and they relied on us heavily for advice. It was a hot market and multifamily opportunities were going fast. We found the ideal opportunity through members of The Ivey Collective before it went to market, so we were able to put an offer in early. Getting in early on the deal, meant we were able to secure the property at a reasonable price before it was inflated by the frenzy of the market.
This opportunity arrived through an owner/broker whom we had worked with in the past. We did a thorough market analysis, created compelling marketing material, and made the necessary renovations to bring this property to life. The client was thrilled that we got her full asking price and the closing went without a hitch.
The successful purchase of Beech Street with our multi-family investor created a strong relationship that brought them back to us for a new investment. Inventory was scarce so we positioned our buyer as the one who had the greatest ability to close quickly. The strategy worked and once the transaction closed, our team worked diligently to quickly lease and fill tenant vacancies. The result was a satisfied and excited client, eager to find the next opportunity.