MayFair
Multifamily Apartment Hold
MayFair
| Renovation | 16 unit apartment building from a distressed seller for $2,425,000 |
| Renovation cost | $288,000 in cosmetic updates to each unit, roof, carport and exterior appeal. |
| Scope | Added 2 additional two-bedroom apartments, and fully renovated each unit, increasing rents by 60% over an 8 month period |
| Projected Net Profit | $600,000 |
