Acquisition Date: 5/2019

Acquisition Price: $700,000

Sale Date: 9/2020

Sale Price $1,125,000

GTG Properties purchased this property from an estate off market in 2019. We immediately got to work renovating the exterior of the property, including a new roof, siding repairs, deck and railing repairs, and full exterior painting. We then began work on interior units. We performed our GTG signature renovation on 5 of the units. Monthly rental income increased from $5950 at acquisition to $8350 at time of sale.

Auburn 6 Apartments