Right off the Park this prime location residence needed a major uphaul in aesthetic. Client wanted to increase rent and continue their brand of high end luxury rentals.
Return Before Renovations: 8.6%
Return After Renovations: 12.9%
Increase Rent per Dollar Spent on Renovation: $1.22
Months To Recoup Renovation Costs: 27 Months
Total Budget: $50,000
Timeline: 6 weeks
Project Parameters: 1600 sqft, re-do 2 bathrooms, re-do kitchen