Here's $700k. How would you rehab this property?

[Gaspare U.]

Trying to get some insight by some of the great value add developers here. Let's assume you just purchased a 100 unit class C in a class B/C area. How would you allocate the $7k per unit to increase rents? Let's assume:

• nothing is broken
• nothing is amazing
• all major items are "fine" (it doesn't need a NEW roof, but no major leaks)
• no pool
• no car ports or garage
• no dog park
• mixed units 1/1, 2/1 and 700-850 sq'
• water, gas are billed 

If you are about to answer this with a: "Well it all depends on the circumstance, no two properties are alike." please move on. We are all aware of this. I just want to know where people feel they are getting the most bang for their bucks.

Currently I think, fresh painted rooms, hookups for washer/dryer, painted cabinets and refinished countertops, would be a good start. Perhaps add some LED lighting to the area to increase safety. 

Looking fwd to some out of the box ideas!