Apartment renovation trends via Dupre Scott Apartment Advisors

Some apartment buyers plan to renovate and sell within a year or two of their purchase. They expect to cash in the capital gains their effort created. Others plan to renovate and hold the property for the long-term. They see this as a way to increase cash flow. Either way, these buyers expect to force gains. They actively take steps to increase rents and values. They won’t sit back and either wait for, or gamble on a rising market.

This article looks at apartment renovation trends over the past 25 years and includes a Renovation cost & benefit forecaster. There is also information about two renovations, and a discussion of some of the newer flooring options investors are looking at for renovations.

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