Eugene Townhouse Restoration

The Story:

Ooooohhhhh the story on this one.

This townhouse-style condo was purchased with a NINJA loan at the height of the housing bubble, which burst in the Great Recession. After converting to a rental unit, the condo sustained heavy damage from a family who never cleaned, allowed rampant drug use and kept an untrained dog. Fun fact: when the owners re-took possession, they were told by a neighbor that the tenants had a literal open-door policy with homeless youths from the nearby high school (yes, the door was literally left open most of the time).

To say everything was destroyed is not hyperbole. See for yourself below what we did to rehab this property and prep for sale. In one of the rare NINJA loan success stories, the rehab was performed within budget and the property sold within a week of listing, fetching a net profit.

Before:

After: