Full Renovations for Multi-Unit Properties
Complete transformation with transparent pricing—gut rehabs and major repositioning projects delivered with open-book cost management.
The Problem: Distressed Properties Need Complete Overhauls
Some properties can't be fixed with cosmetic updates. You've acquired a distressed asset with maxed-out electrical, original galvanized plumbing, and layouts that don't work for today's tenants. Every unit needs everything.
Repositioning these properties means coordinating structural work, systems replacement, and interior buildouts—often simultaneously across multiple units. Most contractors aren't equipped for this scale. You end up piecing together specialists, managing competing schedules, and watching budget overruns become the norm.
With investments of $20,000-40,000+ per unit on the line, you need visibility into every dollar spent—not surprise change orders that blow your pro forma.
The Solution: Complete Transformation, Transparent Pricing
Full Renovation handles complete property repositioning from demolition through certificate of occupancy. We bring structural, mechanical, electrical, and plumbing capabilities under one project management team. You get a single point of accountability for the entire scope.
What sets us apart: open-book pricing options. You see our material costs, labor rates, and markup. No hidden fees, no inflated change orders. We work on a cost-plus basis so your interests and ours stay aligned—efficient execution benefits everyone.
What's Included
Gut Demolition
Strip units to studs, removing outdated finishes, fixtures, and hazardous materials
Structural Repairs
Framing corrections, subfloor replacement, load-bearing modifications as needed
Electrical Systems
Panel upgrades, complete rewiring, modern outlet and fixture placement
Plumbing Systems
Supply line replacement, drain/waste/vent updates, fixture rough-in
HVAC Updates
System replacement or installation, ductwork, ventilation compliance
Interior Buildout
Drywall, trim, paint, flooring, cabinets, countertops, fixtures, appliances
Why It Matters
Property Repositioning
Distressed acquisitions require a contractor who thinks like an investor. We understand you're transforming an asset class, not just renovating. Market-rate positioning and long-term durability factor into every scope decision.
Budget Visibility
With open-book pricing, you see exactly where your money goes. Material invoices, labor hours, subcontractor bids—all documented. When you can verify costs, you make informed decisions throughout the project.
Single Accountability
One contract, one project manager, one team responsible for the outcome. No finger-pointing between trades, no scheduling conflicts. When something needs to change, you make one call.
Minimized Holding Costs
Every month in renovation is a month of lost rent and carrying costs. We don't promise unrealistic timelines—full renovations take time—but we eliminate delays caused by poor coordination.
How We Work
Property Assessment
Comprehensive evaluation of existing conditions, code requirements, and repositioning goals
Scope Development
Detailed scope of work with phasing plan, addressing structural, systems, and finish work
Open-Book Proposal
Cost-plus pricing with transparent markup, or fixed-price option for defined scopes
Phased Execution
Demolition, rough-in, and finish phases with regular progress meetings and budget updates
Inspections & Turnover
We coordinate all required inspections and deliver units move-in ready
Ready to Get Started?
We'll evaluate your property and provide a detailed scope and pricing approach within two weeks.
Pricing
$20,000 to $40,000+ per unit
Gut rehabs with complete systems replacement fall on the higher end; structural-sound properties needing interior transformation on the lower end.
We offer two pricing models:
- Cost-Plus with Open Book — You pay actual costs plus a transparent markup percentage. Full visibility into every expense. Best for complex projects where scope may evolve.
- Fixed Price — Guaranteed total for clearly defined scope. Best when conditions are well-documented and surprises are unlikely.
Both approaches include detailed budgets before work begins and regular financial reporting throughout.
Return on Investment
Pays for itself
Repositioned properties in Idaho markets can command $200-400 more per month in rent compared to unrenovated units. On a typical Full Renovation investment of $30,000 per unit, that represents an 8-12% annual cash-on-cash return from rent increase alone.
But the bigger return is property value. At a 6% cap rate, a $300/month rent increase per unit adds $60,000 to that unit's value. Across a 20-unit building, that's $1.2 million in created equity.
Full Renovation is how value-add investors turn distressed acquisitions into stabilized, market-rate assets. The investment is significant—but so is the transformation.
Related Services
Turn Ready Services
Get units rent-ready fast with targeted updates that minimize vacancy and attract quality tenants.
Value-Add Renovations
Strategic upgrades that boost monthly rent $100-200 per unit while improving tenant retention.
Maintenance
Ongoing property maintenance that keeps small issues from becoming big problems.
Get a Free Quote
Tell us about your property and we'll get back to you within one business day with a customized scope and estimate.
Call us directly
(808) 315-1284