Transforming the "unlivable" land assembly: Case Study 2
- aaron1318
- Dec 30, 2024
- 2 min read
Updated: Jan 15
Not long after the first case study, we were contacted about a suite in another land assembly project. The property again, had been left completely vacated 'as is'. The unit had been left neglected for years:
Stains and damage on carpets and walls.
Grease-coated cabinets and floors in the kitchen.
Poor lighting that gave the place a haunted house vibe.
The developer had written it off as "unlivable," but we saw potential. We signed another fixed-term lease, giving the developer guaranteed rental income and a clear move-out timeline. Then we worked our magic:
Removed the stained carpets and replaced them with new ones.
Applied fresh paint to every room.
Deep-cleaned every surface.
Updated the kitchen with new linoleum flooring, cabinets, appliances, and lighting.
Added stylish furnishings and window coverings to bring it all together.
In just a short time, the suite was transformed into a bright, cozy, and fully furnished two-bedroom rental.
It became a perfect match for our two subtenants on work permits who needed a short-term lease for the summer. The developer’s once-abandoned property was now a safe, welcoming home that served the community.
Why Developers Choose Sunwise Property
In both cases, we turned what seemed like unsalvageable spaces into functional, desirable rentals. Here’s what the developers gained by working with us:
Guaranteed Rental Income: Even for short-term leases, they received steady income instead of bearing the costs of a vacant property.
No Upfront Costs: We handled all the repairs, maintenance, and tenant relationships at no cost to the owners.
Community Impact: Their properties were no longer liabilities but assets, providing housing for people who needed it most.
Clear Exit Strategies: With clear exit strategies for our tenants, everything aligned with the developers redevelopment timelines - no overholding.
Looking for a Tenant Like Us?
At Sunwise Property, we are always looking for pre-demolition houses and specialize in turning them into community-serving solutions. Here’s what sets us apart:
We take on all cosmetic repairs at our expense.
We sign fixed-term leases that align with your redevelopment plans.
We ensure your property is occupied, maintained, and generating income.
We have exit strategies in place with all subtenants, moving them at our own expense if needed.
Don’t leave your vacant properties to chance. Let us turn your challenges into opportunities.