Our investor purchased this 9 unit apartment building in Daytona Beach through EquityPro for $305,000. When our investor purchased this property it was completely vacant and had a long list of Code Enforcement issues that the city was requiring to be completed. Despite these challenges our investor completely dove into a full renovation of the property. All the units were completely updated with new central heat and air, electricial, plumbing, appliances, blinds, lighting, vanities and fixtures and new kitchen cabinets and countertops in most units. The exterior of the property received a fresh coat of paint, additional parking was added, additional lighting, a new fence was installed, landscape and a security system to monitor the property. Additionally, our investor added new coin operated washers and dyers as well as storage rooms and lockers for additional revenue sources. The total rehab cost was $306,000 with an additional $7,000 in other expenses. This property is 100% occupied. The 8, 2 bedroom units are rented for $895 a month and the 1, 1 bedroom unit is rented for $850 a month, generating a monthly income of approximately $8,010. Nice work!