Tennessee 34 Unit Deal Update

People keep asking me about the 34-unit value-add apartment community just outside Knoxville, TN that we acquired last year. I was checking in on the progress and meeting with my local partners last month.  I already knew that from an investor standpoint, this property is far outperforming our pro-forma. I attribute this to

  1. Conservative underwriting leaving room for upside and handling surprises
  2. A great partnership and property management team and
  3. The strength of the multifamily market.

It was great to see in person just how wonderful we are making this community for our residents. I took several videos and pictures while I was there which are included in today's video. I hope you enjoy seeing the progress.  

Want to learn more about group investing opportunities?

Join our Spire Real Estate Investor Group. There is no cost or obligation. You’ll join hundreds of other investors who are choosing passive income on their path to a life of financial security. By joining the group, you will get:

  1. Exclusive real estate investing opportunities
  2. Access to webinars and videos that show you exactly how to invest passively in real estate to create financial security that will allow you to weather the unexpected and ultimately retire with confidence
  3. Our Spire Simple Syndication System that explains how to evaluate passive real estate opportunities to invest in the right deals for you
  4. A personal conversation with Michael Parks to answer your questions regarding passive real estate investing and help you formulate a plan to create the future you want to achieve

We look forward to having you in the group!