Below are the multifamily properties Josh Ax has acquired.
Below are the multifamily properties Josh Ax has acquired. These properties were acquired by Josh Ax personally or through affiliated entities, before Ax Management LLC was formed, using his own capital plus lender and creative financing arrangements. No Ax Multifamily offering has been made, no outside equity investors have participated to date, and none of these properties was offered to investors as a syndication, so there are no investor returns to report.
Sold 2022The prior owner was paying tenant utilities and rents were below market. Within about 8 months of acquisition we brought rents to market and implemented utility bill-back, then renovated units over time using cash flow and refinance proceeds.
Sold 2022A lakefront property that had been under-managed. The prior owner had remodeled one unit, which was renting at market, and none of the others. We renovated the remaining 7 units and the exterior within about 6 months, then refinanced and continued to operate the property until the sale.
Sold 2022Located through our network; the owner was a tired landlord. The units were in good condition and needed better management. Within 8 months, average rent went from $675 to $950 per unit.
Currently ownedSourced through networking with other landlords. The owner had moved to Florida and no longer wanted to maintain the property. All units were occupied at purchase; no heavy renovation was planned, and rents are moving to market as tenants move out.
Sold 2025Josh first contacted the owner in 2017, after his first acquisition in the area. The owner wasn't ready to sell, so Josh kept following up until the owner decided to move on to other properties.
Any offering will be limited to accredited investors whose status we verify.