RENOVATION NOTES & NUMBERS
lender-required repairs $29,000
interior upgrades (60 units at $4,000/unit) $240,000
pool resurfacing and furniture $25,000
office remodel $70,000
cedar extended backyards $60,000
INVESTOR WISH LIST:
exterior paint $75,000
Although the pro- cess is going well so far, Dean admit- ted there are always things that stay on the wish list when an investment is underway. “In the future, I would consider adding a package locker system, a new perimeter fence stained to match the wood through- out the facility, and a Tahoe-col- ored pebble-tech liner for the pool to make it look similar to a lot of the newer, class-A pools in the area.”
new signage $25,000
dog park $10,000
carports $30,000
landscaping foundation roofing deferred maintenance REMAINDER
14 | think realty magazine :: september 2018 august 2018
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