Recent Projects | TFG Edgewater 

Overall Value of More Than $15 Million

Our recent projects included the purchase and development of six properties since the inception of Fairchild Acquisitions. Approximately 50 units in total with total acquisition cost of approximately $10 million. The renovation cost approximately $1.5 million resulting in an overall value of more than $15 million. 

SOLD PROPERTIES
Address No. Units Acq. Year Acq. Price Rehab Cost Price Year Sold
2044 W. Potomac 5 2015 $2,1M 0 $2.3M 2016
1319 W. Barry 6 2016 $1,4M $392K $2.2M 2017
2048 N. Damen 6 2016 $1,9M $350K $2.95M 2018
Totals 17 $5.4M $742K $7.45M
CURRENTLY OWNED
Address No. Units Acq. Year Acq. Price Rehab Cost Value
816 N Leavit 6 2017 $1.33M $400K $2.3M
1461 W Fry 7 2017 $1.3M $450K $2.2M
Totals 13 $2.63M $850K $4.5M

SOLD PROPERTIES

Address 2044 W. Potomac 1319 W. Barry 2048 N. Damen Totals
No. Units 5 6 6 17
Acq. Year 2015 2016 2016
Acq. Price $2.1M $1.4M $1.9M $5.4M
Rehab Cost $0 $392K $350K $742K
Price $2.3M $2.2M $2.95M $7.45M
Year Sold 2016 2017 2018

CURRENTLY OWNED

Address 816 N Leavit 1461 W Fry Totals
No. Units 6 7 13
Acq. Year 2017 2017
Acq. Price $1.33M $1.33M $2.63M
Rehab Cost $400K $450K $850K
Value $2.3M $2.2M $4.5M

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