Front Exterior
This two unit had been rented out by our clients and other owners for several decades. But we helped them to negotiate a buy out of the tenants and then renovate the property for new owners who were more likely to owner occupy. Amongst the things we also did was engage an architectural firm to analyze the property. Their analysis showed that the property could potentially add an additional 2-4000 square feet.
PreRevive Value: $2,200,000
Renovation Costs: $114,830
Sale Price: $2,750,000
Additional Profit to seller: $435,170
You’ve got questions and we can’t wait to answer them.