$767,000

Barnett REI Finance provided a $518,000 renovation loan to support the acquisition and improvement of a residential investment property in Marlboro. The borrower purchased the property for $568,000 and invested approximately $65,000 in renovations to enhance the home's appeal and overall value. With a projected after-repair value of $740,000, the project presented a strong opportunity to create value through strategic improvements. Upon completion of the renovation plan, the property sold for $767,000, exceeding the original ARV estimate by $27,000. The result highlights how thoughtful upgrades and strong market positioning can unlock value beyond initial projections and deliver an exceptional outcome for investors.