Increasing the value of your Champaign-Urbana commercial rental property with renovations and upgrades will obviously earn you more money. A property that’s well-maintained and modern will bring in more rent. You’ll have an easier time attracting and retaining long-term tenants, and later on in your investment process, you’ll think about selling. When you do, you’ll be able to sell for a higher price.
Which renovations make the most sense? We’re sharing our thoughts about that.