Investments

Parkway Manor

Kingston PA

Purchased (2017) $1,234,567 - Sold (2022) $3,300,000

35 Units

Property was mismanaged, with prior owner paying tenant utilities. We bought, and immediately brought rents to market and billed back utilities increasing value to $2.58M within 8 months. Then renovated units from cash flow and refinance money to further increase return on capital.

1733 Lakeside Dr

Harveys Lake, PA

Purchased (2019) $450,000 - Sold (2022) $780,000

8 Units

Units were on lakefront property but poorly managed. Previous owner had remodeled one unit and was getting market rent. Failed to renovate any others. We took over and renovated other 7 units and exterior within 6 months. After completing units, refinanced our initial investment out and redeployed funds while still cash flowing.

Monroe Ave

Dunmore, PA

Purchased (2019) $460,000 - Sold (2022) $940,000

9 units

Through our network we located this property owned by a tired landlord. Units were all in great shape, and only needed proper management. Within 8 months of ownership we successfully increased average rent from $675/unit to $950/unit.

Wyoming Ave

Kingston, PA

Purchased (2022) $495,000 - Est Value $740,000

8 units

This deal came from networking with other landlords. Owner had moved to Florida and wasn't interested in maintaining this property. Purchased in July 22' with all units occupied. As tenants have been moving out rents are increasing to market. No heavy lift required and appraised value at closing was $740,000.

Capitol Hill Apartments

Mountain Top, PA

Purchased (2022) $1,700,000 - As Completed Value $2,400,000

22 units