• White brick residential apartment building.

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  • Apartment living room with sectional sofa, wooden coffee table and large windows with floor to ceiling curtains

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  • Apartment living room with sectional sofa, wooden coffee table and large windows with floor to ceiling curtains

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  • Remodeled apartment kitchen with wood floors, white cabinets, and stainless-steel appliances.

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  • Remodeled bathroom with grey and white shower tiles and grey cabinets.

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  • Bedroom with large bed made with grey and blue sheets. Glass door letting in light leading out to a wooden deck

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Opportunity to upgrade a well-maintained building, bringing rents up to market rate, repositioning an under managed asset in an established quiet North Side area

North Campbell

budlong woods residential rehab
DATE PURCHASED: SEPTEMBER 2024
PURCHASE PRICE: 3.08M
TOTAL PROJECT BUDGET: 3.64M
UNITS: 16
DEAL LEVEL RETURN : 31% IRR + 2 EQM