What’s the Difference Between a Down Unit and a Vacant Unit? - Invest on Main Street
What’s the difference between a down unit and a vacant unit? And, why do we walk and inspect 100% of the units during the due diligence period when acquiring multifamily apartment communities.

Here’s why…

Not only do we discover all the hidden things that might cause renovation budgets to skyrocket, we can also proactively plan out what we’re going to do to the property to increase investor returns!

Schedule a free strategy call with us if you’d like to learn more about Invest on Main Street or our future investment opportunity.

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Patrick Grimes

Patrick Grimes is a design engineer and CEO and Founder of Invest on Main Street, LLC. His real estate holdings include general partner ownership of a multifamily and single-family real estate portfolio valued over $146M, including 1,950+ units across the southeastern United States and Texas.

He has been active in real estate investment since 2007, including purchasing land and distressed assets, renovating them, and stabilizing them for long-term cash flow. ​To scale his real estate portfolio, Patrick moved from single-family to multifamily investing and founded Invest on Main Street, a private equity firm specializing in multifamily value-add projects in emerging markets.