The Opportunity
Five empty units, a leaking roof, and real upside
Senate St is a 5-unit building in Columbia, SC. When we acquired it for $175,000, it was completely vacant — no income, water damage throughout, and a roof that had given out.
Most buyers see a problem. We saw a clean canvas in a market we know well: a small building we could take down to the studs, rebuild correctly, and lease up from zero — with no legacy tenants or deferred surprises to work around.
What We Did
A $250K rebuild — every major system replaced
New roof — stopping the water damage at the source
All-new kitchens across every unit
All-new bathrooms
Replaced plumbing throughout
New HVAC throughout
Leased all five units at $1,250–$1,350 each
The Result
From $0 in rent to a $635K asset
A building that produced nothing at acquisition now runs full, with new bones throughout and a recent appraisal that reflects the work.
5
Units rebuilt & leased
$78K
Annual rent ($0 → $78K)
$635K
Appraised value
$250K
Full systems rehab
Want results like this in your portfolio?
Senate St is the kind of small, mismanaged or distressed building we rebuild into dependable, professionally managed income. Let's talk about putting repositioned real estate to work for you.