The details - Unit A value of $1.65M / mtg of $400K @ 3.25% (balloon in 6 yrs).

As an investor, you want to grow your portfolio first wide (number of assets, total property value), before you grow it deep (de-leverage, equity). 

Which one has more quantifiable value in general? 

Manageable Renovations: The $25,000 needed for repairs was a reasonable investment to enhance the property's value.

Which is fine if you are willing to pay and get enough value from it.

130k sounds like a lot of equity, BUT most second position products are only going to go up to 70% or 75% loan to value. so, you can not borrow a large portion of that equity.

If you are an investor in CRE, what are the most beneficial points you value when given a pitch deck to consider?

It may be hard for some less experienced Buyer’s agents to show their value to their potential clients.

More maintenance on the balcony depends on the values. we have 7 zips we build a triplex in and some of them we have considered adding balconies if the market calls for it. another way to do it is on the back where the walk up is if they are truly apartments you can add it there. depends on the level you are after. 

Birmingham, Atlanta, are a couple places I started with the Rent-to-Value Ratio are good.