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In this episode, Mark Faris and John Makarewicz take you behind the scenes of their latest multifamily acquisition — Reserve at Rosemont, now rebranded as Faris Residences Georgetown. They break down why this 66-unit asset in Georgetown, South Carolina stood out among 300+ properties they analyzed.
In this episode, Mark Faris and John Makarewicz take you behind the scenes of their latest multifamily acquisition — Reserve at Rosemont, now rebranded as Faris Residences Georgetown. They break down why this 66-unit asset in Georgetown, South Carolina stood out among 300+ properties they analyzed.
From the $400+ rent lift potential and 1.5% rent-to-cost ratio, to the strategic value-add renovations and high demand in a supply-constrained market, this is a deep dive into what makes a strong multifamily deal tick. Mark and John also discuss how reputation and relationships helped them win the deal — even without being the highest bidder.
P.S. The cafe Mark and John couldn’t stop talking about? It’s Thomas Cafe—a must-visit if you’re ever in Georgetown!
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