Location –
Value – Elevate on Main offers a comprehensive amenity package coupled with desirable unit layouts and finishes. The previous owner has renovated 170 units to varying levels and achieves an average premium of $160, with some premiums as high as $350. XSITE plans to renovate the remaining 305 units to grow revenue significantly. Current rental rates at Elevate on Main sit below nearby competitors by over $170, providing ample room for rent increases.
