Jason Cohen Pittsburgh investment strategy
In the summer of 2014, Jason Cohen Pittsburgh acquired a 47-unit apartment complex in one of the most established neighborhoods of Pittsburgh. Less than a year later and extensive "green" improvements, the property is a profitable series of rental buildings.
Purchase Price: $3.35 million ($71,000/unit)
Renovation Costs: $1 million ($21,000/unit)
Rent Increase: 40%/unit
Year Five Projected Cash Flow: $150,000
Jason Cohen Pittsburgh, 2015