Tuson Properties owns and manages single family homes, multifamily buildings and mixed use assets in NY, NJ, PA, VT, FL, NC, VA, MO, SC, OH, OK. We are looking to expand and grow in these same locations.
Lehigh Valley
A package of assets that consist of a combination of 6 buildings in Bethlehem, Rosetto, and Bangor.
Nicknamed the 'Electric City', this 19 unit property is located in Scranton, PA. The campus is located 2 hours from Philadelphia, New York, and Syracuse, NY. We are right in the middle of the downtown, which leaves residents with plenty to do.
23 of the 24 recently updated units include granite counter tops, stainless steel appliances, plank hardwood flooring, and new hardware and light fixtures.
The greater Charleston area has one of the highest growth rates in America as more people move from surrounding counties to enjoy the city's rapidly improving economy.
This 130 unit property has been experiencing lots of income growth and is in walking distance to B class retail to the North which provides an employment center.
With 460,000 population and a 20% increase in the last 10 years, it has been a fast growing city. Located close to dining and shopping residents do not need to travel to enjoy what the city has to offer.
This beauty across from one of the most elite Liberal Colleges in the North East is ready for a second phase 2 renovation, converting the asset to higher end student housing.
This property has been renovated, rents have been increased 35% since purchase and through forced equity, this asset has created substantial equity with COC returns averaging 9-14% annually.
Location: Easton, PA
Units: 3 Buildings, 4 Garages, 8 Units & Commercial Business
Due to our relationship in Easton, we picked this up off the market below replacement value. We increased the rent roll $10000 and raised the NOI 160% in 6 months.
We had the pleasure of managing many projects in this location including these two beautiful homes, adding modern touched, without sacrificing historical charm.
We saw a 68% ROI upon sale while increasing rents and decreasing expenses on a very low budget, showing how you can add value in effective ways without high costs.
It’s currently being sold 193% ROI, rents increased from $700 to $2400 a month and its a gem in one of the city’s hottest submarkets, 25 min subway ride to manhattan.
This single family 3,000 SF hoke was converted into a beautiful 3 level, 2 unit townhome with historical touches, ample and open space along with a backyard in the most sought after section of the city.
All the right touches, all the right places increasing rents from $900 to $1900 a month in 1 year liquidating the asset at a 198% ROI in year 4 selling 22% over asking price.
Single family home rehab converted into a space for a four seasons rental. Our hospitality and rental experience alongside a beautiful redesign allowed us great success for seasonal rentals.
Purchased less then market value with favorable leveraging with bank, good shake, so very low cap ex $15K, rent escalated from $650 to $1250, sold in 5 years at 3.2X EM
