170 E Second St.

170 E Second Street
Acquisition date: 2013

We acquired two buildings with 43 rental apartments and four stores which had been undermanaged and in poor condition. We gut renovated the apartments with new wood floors, oak cabinets, ceasarstone countertops, stainless appliances, and new wiring and plumbing. Additionally, we improved the building with new hallways and lighting, a roof deck, secured access front door, new video intercoms, structural improvements, new state-of-the-art baseboard heating and new environmentally friendly and efficient hot water heaters. After renovations, we attracted new, high quality retail tenants to 170 E Second Street.