Pre Reno Rent: $24,000/year
Post Reno Rent: $140,000/year
Rental Value Increase: 483.33%
Pre Reno Rent: $24,000/year
Post Reno Rent: $140,000/year
Rental Value Increase: 483.33%
Our client wanted to enhance their retirement savings through a wise investment in real estate. Originally, the idea was to construct a triplex. However, after conducting a feasibility study and analyzing the property lot size, we found that the land was suitable for a fourplex, offering the potential for greater returns.
This adjustment from a triplex to a fourplex required extra attention to local regulations, ensuring compliance with parking requirements, green space allocations, and standards for fire safety and accessibility.
Overall, this project was a resounding success. By transforming the initial triplex concept into a fourplex, we maximized the investment’s potential and aligned perfectly with our client’s retirement goals.
Whether you’re looking to modernize your home, upgrade your investment property, or make custom improvements, our skilled team is here to bring your vision to life. Fill out the form and one of our renovation specialists will be in touch shortly.