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JAMCO

12-Unit

California

MF

New Paint

New Paint

New Floors, Added fans, Painted the walls

New Floors, Added fans, Painted the walls

Before and After

Before and After

Before and After - Re-glazing the shower really made a difference!

Before and After - Re-glazing the shower really made a difference!

Added a backsplash behind the stove to keep the walls clean.

Added a backsplash behind the stove to keep the walls clean.

Acquired

Units

PP

7/22

12

$2.2M

ARV

$2.91M

Improvements

$185K

Acquisition Type

Reverse 1031 Exchange

Property Plan

3-5 year hold. Cash for keys. Complete renovation of all 12 units. Stabilized rents to market. 1031 into higher class building when the market is better.

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