PROJECT: Reposition
(Class D to Class B)
Project: Sandalgrove Apartments
Location: Lauderhill, Florida
Size: 18 Buildings, 814 Units
Timeframe: 24 months
Cost: $18 million
PROBLEM
As
a result of natural aging and property deterioration,
Sandalgrove Apartments experienced a significant decrease
in rental rates, market value and occupancy levels.
SOLUTION
Leffler
& Heaney transformed Sandalgrove from a Class D to
a Class B property. The affordable housing complex received
both interior and exterior renovations. The project was
financed utilizing government tax credits.
Exterior
Renovations
-
Installation of hurricane-resistant windows & patio/balcony
doors
Interior
Renovations
-
New mechanical systems and equipment including A/C,
piping and stairwell pressurization
- New
plumbing including hot water heaters, water meters,
faucets, sinks and valves
- New
electrical switches, receptacles, ceiling fans, smoke
detectors and fire alarms
- New
cabinets & countertops, full ceramic tile floors,
fireproofing tenant separations and vertical risers
- New
lighting fixtures
|
Before
After
|
PROJECT
RESULTS
The repositioning
of Sandalgrove Apartments improved marketability and attracted
a more upscale apartment renter, resulting in increased rental
rates, greater traffic flow and higher occupancy levels.
TESTIMONIAL
“Leffler
& Heaney’s thoroughness and attention to detail is
evident in the quality of work performed at Sandalgrove. Their
construction management team conducted themselves with the utmost
professionalism and expertise throughout the duration of the
project.”
- Dave Auld, Reliance Housing Foundation
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