OVERVIEW
We purchased this tired and dilapidated 4 unit apartment building and went to work.
- New Front Doors, Siding and Windows
- New Exterior and Interior Paint
- Added Mini-Split with Heat Pump
- Added Gutters
- New Landscaping
Short Term Unit - Tankless Hot Water Heater
- New Kitchen/Granite
- New Interior/Exterior Paint
- New Bathroom
- New Floor/Base
- Added Laundry Closet
- All New Electrical Finishes/Fans/Lights
- All New Trim Carpentry
- New Doors
- More!
All work done by RepairPro
BUDGET
45K
20K
- Unit 2 HVAC and Updates
- Unit 3 HVAC and Updates
35K
- Exterior Windows, Doors, Siding, Paint
ROI & OUTCOME
Before
Unit 1 Income $8,200/year
Unit 2 Income $8,200/year
Unit 3 Income $8,200/year
Unit 4 Income $8,200/year
After
Unit 1 Income $27,900/year (Est. $155/night, 50% Vacant)
Unit 2 Income$15,120/year
Unit 3 Income$15,120/year
Unit 4 Income$15,120/year
Gross Increase $40,460/year
Cost of Improvements $100,000
40.46% Return
PHOTOS
Unit 1 was upgraded, including laundry, HVAC, dishwasher, kitchen and more.
BEFORE & AFTER
