Consentus Group evaluates a diverse range of projects. Our primary investment strategy is the acquisition of distressed properties. Each property is subject to a thorough inspection by the managing partners prior to purchase. Due diligence is then performed by our managers and pertinent parties. Realistic construction budgets and time lines are established and met. Efficiency is achieved through proper planning and strict oversight. We build to code and ensure that future maintenance is kept to a bare minimum by utilizing quality materials and skilled craftsmen. All systems are updated as well as windows, porches and roofs. Site security and safety is a priority.
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Featured Project
Location:
Marquette Park
Chicago, IL
Type: 3-Flat
NOI: $27,955
Cap Rate: 13.5%
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Property Address:
7736 S. Artesian, Chicago, IL
Brick 3 Flat with garage
3 bedrooms/1 bath each unit
Amount invested: $212,000
Use of Funds:
- Purchase: $75,000
- Rehab: $120,000
- Soft Costs: $12,000
- Total Project Cost: $212,000
After Repair Value: $350,000 |
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