Multi Family Aquisition
Taylor Apartments
This is an acquisition with value add upside and complete remodeling of complex.
Details
16 units single story complex.
Project Info
This is an long term hold with complete remodeling of complex.
Remodel with increased rental rates to market levels.
At acquisitions,16 vacants out of 46 during the fall of 2020 to 100% full during 2022. Completing 16 remodels and complete exterior paint, roof and landscaping.
16 multi family units – total portfolio purchase of 46 units
Client: Beta One Holdings LLC
Completion: 2020
Project Type: Purchased with value add by remodeling and restructuring management.