Front After Paint – 10 Unit Apartment Complex
This is our 10 Unit building after we did the basic paint work. Notice the arches and the insert. When we first purchased this building this was one of the main features we knew we would capitalize on in terms of value-added. The residents really like living here even more now.
City: Bakersfield
Property Type: Gated Courtyard
Number of Units: 10
Square Footage: 10,000
Mix: 4 – 3 Bed 1.5 Bath and
6 – 2 Bed 1 bath
Occupancy: 90%
Exterior Tour 32 Home Gated Community
This is the exterior tour of a 32 Unit Gated Community. We converted this property from a run-down rental to a complete gated community. Each home is registered as a single family unit. It is now a thriving community with many events and activities for the families. All an important part of tenant retention.
City: Bakersfield
Property Type: Gated Community
Number of Homes: 32
Square Footage: 38,750
Lot Size: 4.6 Acres
Occupancy: 94%
• Community Park
• Skylights
• Fireplaces
• Ceiling Fans
• Vaulted Ceilings
• Granite Countertops
• Stainless Steel Appliances
We completely gutted each home and rebuilt the interiors from scratch. You can see some before photos in the slide show above. We also added a second bathroom to the 16 – 3 bedroom homes. All interior upgrades were accomplished in-house and thus we saved over 40% on development costs. Our president handled the entire project from start to finish and through the lease up phase.