---
title: Multi-Unit Residential
description: Experienced investors acquiring subject property to complete renovations and then refinance to hold as a rental unit. The property consists of 13 one bedroom apartments, 5 garages and 6 covered parking spaces. RCN Capital was able to provide a loan at 81% of the After Repair Value. The borrower is planning on spending about $118k on renovations before refinancing out and earning a 22% return on investment.
---

[RCN Capital Blog ](https://rcncapital.com/blog)

# [Multi-Unit Residential](https://rcncapital.com/blog/multi-unit-residential-3)

 Written by [RCN Capital](https://rcncapital.com/blog/author/rcn-capital) | 5:00 AM on December 8, 2017

0

[View full post](https://rcncapital.com/blog/multi-unit-residential-3)

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