This week’s renovation spotlight highlights the astonishing renovation of a 4-bed, 2-bath, 10,018-square-foot Ranch Style SFR located in Plano, Texas. The renovation was executed by Bridge Tower, LLC, a real estate focused private equity firm with multiple funds under management. Collectively, Bridge Tower owns and manages over 600 Single and Multi-Family properties throughout Dallas Fort-Worth Texas.
With knowledge and experience on their side, the investors were able to take an outdated property that had been found with torn and soiled floors, visibly worn walls and paint, and antiquated décor and transformed it into a modern renter’s dream, complete with an open floor plan, beautiful kitchen and access to the large yard.
The renovation of this 50-year-old property included the refurbishing of the cabinets and countertops in the kitchen, along with the replacement of the tile flooring and brand new stainless steel appliances. The bathrooms saw an upgrade as well with the retouch of the cabinets, countertops, and fixtures. What once was a moldy and rusty tub, has been replaced by a brand new cast iron bathtub. The most eye catching transformation noted throughout the property is the new archway design, which gives the property a more modern feel with a wider amount of open space. The once tile flooring found throughout the common rooms was upgraded to dark mahogany cherry floors. With some fresh paint and color pallet change, as well as some added curbside appeal this property is ready to be made into a happy home.
Colony American Finance works with borrowers like Bridge Tower Cole Two LLC., to finance real estate investment portfolios of various quantities and property types.