Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

This Inspection has Gone Very Well

1 Sept 2026 · 1 min

Watch on YouTube

0:37

In this brief on‑site video, the speaker reports on the inspection of an 80‑unit low‑income housing tax credit (LIHTC) property for seniors (55+) located in Texas. The building’s exterior and campus are described as “stupidly nice,” with only minor cosmetic issues noted. Occupancy is near 100%, meaning the asset will generate strong cash flow from day one. The purchase price is $4.2 million. The speaker explains that this acquisition fits a broader strategy of buying 55+ LIHTC deals across Texas whenever the financial metrics align, and that this property will be the next 80‑unit addition to the portfolio.

Chapters

We're at an inspection for an 80-unit building we're buying. Long story short, this is going really well. We're getting into interior shortly. There's some little cosmetic stuff. I mean, this is stupidly nice. Campus is beautiful. Their occupancy is right around 100%. Still makes a ton of money day one, and we're purchasing for $4.2 million. It's a LIHTC deal like the rest of my 55+. These deals, I keep finding them all over Texas. My new policy, if it's 55+ and the numbers crunch, we're just going to buy it. But inspection Could not be going better. Beautiful building. This is going to be the next 80 units that we close. Let's go.