Eastmont
Townhomes

East Wenatchee, WA

A 33-unit value-add multifamily project in East Wenatchee, WA, acquired for $6.375M with a total all-in cost of $7.9M and a projected stabilized value of $11.55M. The strategy involves subdividing the townhomes and selling them individually to homeowners. This approach aims to maximize returns by tapping into the strong demand for homeownership in the area.

50,906 NSF

53% LTV

BUILT IN 1977

PERSONAL
GUARANTY

STRONG MKT
FUNDAMENTALS

LEVERAGING
OPERATIONAL
EXISTING MODEL

Gold Multifamily has acquired a newly built 24-unit apartment in the thriving rental market of Spokane Valley, WA. Leveraging its Gold Standard Operating Model, the company will optimize expenses, maximize occupancy, and enhance rental rates. Additionally, new income streams, such as covered parking, will be introduced to further boost returns.

 

929 NSF

57% LTV

BUILT IN 2023

PERSONAL
GUARANTY

STRONG MKT
FUNDAMENTALS

LEVERAGING
OPERATIONAL
EXISTING MODEL

24 UNITS

$192K PER UNIT

75% NOI GROWTH

IN TWO-YEARS

Impact on Client

Read what our client said about our real estate investing services:

Data Engineer II
Amazon

I met Karl at an investor meetup he hosted. Even though there were a lot of people there, I appreciate him taking time to connect with me, share his background, and answer my questions about investing in limited partnerships. Something that stood out to me was Karl’s tenacity to look through many real estate opportunities and only set up funds for the best ones which are most likely to meet financial expectations of investors. The reason I was interested to try being a limited partner is because I don’t have enough time to find, negotiate, execute, and manage an investment plan as well as Karl and his team who focus on this full time. I recommend connecting with Karl and considering Gold Multifamily deals if you’re interested in passive real estate investing.

Software Engineer
Tech Industry

Before investing with Karl, I was a part of a few multifamily syndications already. Due to the downturn in the market which started in 2022, I had decided that I would be very selective of where and with whom I would place my capital going forward. I met Karl in person and I was impressed by his professionalism and drive. His knowledge of the Seattle and broader Washington markets, comprehensive and conservative underwriting, as well as work ethic that could humble many meant that it was a matter of time before a great opportunity was found. I decided to invest in one of his deals and I found the process very easy and the ongoing communication excellent. I would wholeheartedly recommend investing with Gold Multifamily to anyone.

VP
Tech Industry

Having been an accredited investor for > 15 years I participated in one of Karl’s deals. The experience has been stellar. I highly recommend Karl to anybody looking to increase their passive income. What stands out the most about Karl is his discipline, the quality of his work and the proactiveness. I look forward to many more investments. You can’t go wrong with Karl and Gold Multifamily!

Agent
Insurance Provider

I’ve known Karl for over a decade, and when it came time to invest, there was no one I trusted more. The process with Gold Multifamily was always straightforward and transparent, making the decision effortless. Karl’s expertise and attention to detail instilled confidence throughout the investment process. Without hesitation, I’ll continue working with Gold Multifamily on future deals and highly recommend him to anyone looking for a trustworthy and skilled partner in real estate.

President
Utility Provider

I have been investing/flipping real estate for a couple of decades.
I am excited to partner with Karl because of his attention to detail and behind the scene investigating good investments.
He also listens and weighs other investor’s ideas and comments.
Karl’s due diligence is on spot and I look forward to the next opportunity with Gold Multifamily.