reSpace Proposal
for John Haley
Renovation Highlights
- Reconfigure layout and add two new suites
- Add new bathroom by converting bedroom
- Install washer/dryer hookups in each suite
- Beverage station in all upper suites
- Upgrade plumbing, electrical, HVAC
- New insulation and windows
- Refinish flooring, lighting, kitchens, baths
- Refresh exterior and landscaping
2753 S Washington St
Your Property
Current Value: $1,500,000
Seattle, WA 98144
Your Investment
Total Cost: $340,000
Construction & Renovation
Your Timeline
- 3 months: Permitting
- 2 months: Construction
After reSpace
Finished Value: $2,000,000
Your Benefit
Annual Cash Flow: $80,781
Your Ownership Structure
After all five suites are sold, we will retain 50% ownership of the overall property with long-term appreciation potential. Co-Homeowners pay a monthly maintenance fee covering landscaping, insurance, reserves, and common-area upkeep. This structure builds long-term value, creates recurring income, and ensures we benefit from both equity and cash flow without day-to-day management.
Ready to reimagine your property?
When we reSpace this property into five modern Co-Homeownership suites, each with a private bedroom, bathroom, workstation, and shared common areas. This will generate $500K in increased value, generate $80,781 in passive revenue annually, and retain a long-term ownership position for appreciation potential.