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Updated over 2 years ago,

User Stats

3
Posts
2
Votes
Michael Csurics
Pro Member
  • Investor
  • Los Angeles
2
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3
Posts

Lake Arrowhead - Parking Deck Value Add Question

Michael Csurics
Pro Member
  • Investor
  • Los Angeles
Posted

Hi All, Quick Q and I hope I'm putting this in the right topic. We have a property up in Lake Arrowhead and are doing the numbers on our rehab. One thing we are having a difficult time with right now is figuring out the impact to the ARV on adding a parking deck.

Current parking is 2 car tight tandem on a downsloped driveway. With a deck we are hoping to get 2 or maybe 3 side by side. We are also considering a covered solution if budget permits. 

If anyone has any insight on a spitball for how much this would add to the appraisal (and/or rec's on good parking deck designers/installers). I'd greatly appreciate it. 

  • Michael Csurics
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