12-unit apartment building
StabilizedVine Street, Scranton, Pennsylvania
What it cost, against what it was worth once renovated.
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- $280,000All-in purchase, including an $80,000 wholesale fee
- $840,000Renovation — all 12 units
- $1,170,000+Equity created through execution, not market timing
- $2,300,000Post-stabilization appraisal
- Ready for occupancy. Fully renovated and leased up rather than sat on — cash flow from the start.
- Capital recycling. Equity extracted after stabilization and redeployed into the next acquisition.
