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Value-Add Renovations for Multi-Unit Properties

Maximize rent per unit with strategic kitchen and bath upgrades that command premium rates and increase property value.

The Problem: Stagnant Rents in a Growing Market

You've acquired a property with potential, but the units are stuck at below-market rents. Dated kitchens with laminate counters and builder-grade cabinets. Bathrooms that haven't been touched since the 90s. Tenants see the photos and scroll past.

In Idaho's competitive rental market, the difference between a dated unit and an updated one is $100-200 per month in rent. That's $1,200-2,400 per year per unit sitting on the table. Across a 20-unit property, you're looking at $24,000-48,000 in unrealized annual revenue.

The math is clear. But executing a value-add strategy means coordinating multiple trades, managing timelines across occupied units, and maintaining quality consistency. Most investors either do it themselves or piece together contractors who've never worked at portfolio scale.

The Solution: Strategic Upgrades, Executed at Scale

Value-Add renovations target the improvements tenants pay premium for: kitchens and bathrooms. We focus your investment where it generates the highest rent returns—modern countertops, updated cabinets, contemporary fixtures, and durable flooring that photographs well and lasts.

Our crews have renovated hundreds of units. We understand how to execute the same scope across multiple units efficiently, maintaining quality while keeping costs predictable. One project manager coordinates everything so you're not juggling five different contractors per unit.

What's Included

Kitchen Countertops

Quartz or quality laminate upgrades that signal modern living

Cabinet Refresh

New doors and hardware or full replacement depending on condition

Bathroom Updates

Updated vanities, faucets, mirrors, and hardware

Flooring

Luxury vinyl plank or tile in kitchens and baths for durability and appeal

Fixture Package

Coordinated lighting, faucets, and hardware throughout

Why It Matters

Higher Rent Per Unit

Updated kitchens and bathrooms are the top two features tenants pay premium for. In Idaho markets, a thoughtful Value-Add renovation commands $100-200 more per month compared to unrenovated units. That's not speculation—it's what the rental comps show.

Increased Property Value

Rent increases flow directly to property value. At a 6% cap rate, an additional $150/month in rent per unit across 20 units adds over $600,000 to your property's value. Value-Add renovations are how investors build equity without waiting for market appreciation.

Faster Lease-Ups

Updated units photograph better, show better, and lease faster. In a market with 95%+ occupancy, every week of vacancy during repositioning is money lost. Our coordinated execution minimizes the time between tenant turnover and new lease signing.

Quality Tenants

Renovated units attract tenants who value their living space and stay longer. Lower turnover means fewer future renovations and more consistent cash flow.

How We Work

1

Portfolio Assessment

We review your property together, unit by unit, to identify scope and prioritize which units to renovate first

2

Value-Add Plan

You receive a detailed proposal with scope, pricing, and projected rent increases per unit

3

Phased Execution

We renovate in batches, coordinating around existing tenants and lease expirations to minimize vacancy

4

Quality Checkpoints

Consistent finishes across all units with documented standards and mid-project reviews

5

Turnover Ready

Each completed unit is cleaned, photographed, and ready for showing

Ready to Get Started?

We'll walk your property and provide detailed scope and pricing within one week.

Pricing

$10,000 to $20,000 per unit

Kitchen-focused updates fall on the lower end; full kitchen and bathroom renovations on the higher end.

Every project gets per-unit fixed pricing before work begins. No surprises, no change orders that blow your pro forma. We understand you're running investment calculations—our pricing stays predictable so your returns stay on track.

Return on Investment

Pays for itself

A $15,000 Value-Add investment that generates $150/month in additional rent pays for itself in just over 8 years through increased cash flow alone. But the real return comes from property value: that same $150/month increase adds approximately $30,000 to your unit's value at a 6% cap rate.

At scale, the numbers compound. Renovate 10 units at $15,000 each and you've potentially added $300,000 in property value—a 100% return on investment before counting increased monthly cash flow.

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