Multifamily & Value-Add Advisory in Snohomish, King & Pierce Counties

What a Multifamily Value-Add Plan Covers

A value-add or repositioning strategy is more than “raise rents and renovate units.” A focused plan for Snohomish, King, and Pierce County properties typically looks at:

• Current in-place rents vs. realistic post-renovation rent levels and concessions.
• Scope of work: light turns vs. full interior renovations vs. exterior and amenity upgrades.
• Impact on vacancy, lease-up timing, and cash flow during renovation phases.
• Capex planning, reserves, and what lenders will want to see in your numbers.
• Estimated value after stabilization, based on market cap rates and actual NOI—not just pro forma.

The goal is a plan you can actually execute—balancing construction risk, tenant impact, and the exit or refinance you’re targeting.

How Kevin J. Fitzgerald Helps Owners Execute

Kevin’s commercial multifamily advisory focuses on helping you see the property the way buyers and lenders will see it—before and after improvements.

That includes:

• Reviewing rent rolls, T-12s, and capital budgets with an investor and lender lens.
• Providing submarket data for rent growth, renovated comparables, and buyer demand.
• Discussing exit strategies: refinance and hold vs. sell into a stronger valuation.
• Flagging unit types, amenities, and upgrades that matter most in today’s market.

Whether you’re early in planning or already mid-project, Kevin can help you sharpen the numbers and position the building for the next owner—or the next loan.