78 Units, Crosby Texas
Business Plan:
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The existing units were in their original condition, presenting an opportunity to renovate and upgrade them, thereby introducing additional features and significantly raising rental rates
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Replace Property Management to reduce expenses by implementing more cost-effective management strategies resulting in improved profitability for the investment property
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Significant increase in NOI resulted in higher cash on cash returns and appreciation value
Duplex, Woburn MA
Business Plan:
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The existing units were in their original condition from the 1960's, presenting an opportunity to renovate and upgrade them, thereby introducing additional features and significantly raising rental rates
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Updated landscaping, wrapped property with vinyl siding, complete renovation of interior units
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Highly desirable location provides quick access to local amenities and highways resulting in 50% rent growth for each side
Duplex, Methuen MA
Business Plan:
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Off-market deal resulted in 33% lower purchase price than market value providing instant equity
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The existing units were in their original condition from the 1970's, presenting an opportunity to renovate and upgrade them, thereby introducing additional features and significantly raising rental rates
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Updated landscaping, wrapped property with vinyl siding, complete renovation of interior units
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Highly desirable location provides quick access to local amenities and highways resulting in 40% rent growth for each side