$10K Budget! How Would You Renovate a C-Class Asset!?!?

$10K Budget! How Would You Renovate a C-Class Asset!?!?

Travelle MasonPro Member
Rockville, MD · Member since 2018 · 93 posts · 28 votes

Hi Guys and Gals,

I am seeking some advice here. I have a "Cish" class asset ( 1 of 3 units) that has just become vacant due to a move out.

Question:

With rent for this unit currently at $725/month, with room to grow at least $100-125 more per month, what upgrades will be the cost effective for this type of asset. I don't want to over do it and not get an ROI, but I also want to bring my units up to top of the market.

Any suggestions?

C class Asset Upgrades

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  • Investor · Bakersfield, CA · Member since 2013 · 146 posts · 93 votes
    6y

    Paint walls and ceiling, and epoxy coat shower surround. If you have left over money then replace kitchen counter with granite.

  • Travelle MasonPro Member
    OP
    Rockville, MD · Member since 2018 · 93 posts · 28 votes
    6y

    @Brad B., thank you for the feedback. Any recommendations on licensed and insured folks in Bakersfield. This is Oildale. 

  • San Luis Obispo, Ca. · Member since 2020 · 1 post · 0 votes
    6y

    Easy upgrades: ceiling fan, kitchen faucet, shower trim/head, shower door.

    Kitchen countertops would go a long way!

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