TOP: Home constructed in 1913 on a large lot. In need of significant repair. The home was acquired for $1,120,000. on June 30, 2021. Demolition complete on August 1, 2021.

BOTTOM: Vertical construction began on September 6, 2021. Total period from acquisition to completion was 11 months. Property was fully leased in 3 months.

Property sold in September 2022 for $3.3M, rendering a 31% gain on project costs of just $2.5M