What do you plan to do with the TH's rent or rehab and sell? How many units are there? A lot depends on how extensive the damage is. You may be better off to demolish the TH's and rebuild from the ground up.
See what resale T/H in that area go for and if you can find any new construction T/H, their values too. Then you have a benchmark to work from to choose between demo or rehab. By the way, are you in the Borough or surrounding area?
Thank you all for the replies. There are 5 units that are over 100 years old. I think was planning on a quick (quick as possible) turn around. I am doing more research now, but thanks for the feed back.
What do you plan to do with the TH's rent or rehab and sell? How many units are there? A lot depends on how extensive the damage is. You may be better off to demolish the TH's and rebuild from the ground up.
Yes you should look to see if there is money to be made. Business is simple...either the numbers work or they don't!
See what resale T/H in that area go for and if you can find any new construction T/H, their values too. Then you have a benchmark to work from to choose between demo or rehab. By the way, are you in the Borough or surrounding area?
Thank you all for the replies. There are 5 units that are over 100 years old. I think was planning on a quick (quick as possible) turn around. I am doing more research now, but thanks for the feed back.
Sorry Nancy,
I'm in the surrounding corners of Schwenksville.