multifamily Renovation
Multifamily Renovation & Remodeling Trusted Multifamily General Contractor in Texas
At ELITE Construction, we focus primarily on multifamily construction & renovation, which includes apartment buildings, condominiums, duplexes and townhouses. As a multifamily construction company, we handle construction projects from the ground up as well as renovations. In fact, property owners and investors benefit from our work in a number of ways.
What You Gain by Choosing ELITE for Your Multifamily Renovation
Reduced Tenant Turnover
We understand that steady occupancy is key to a successful multifamily property. Through strategic renovations, we upgrade unit interiors, common areas, and amenities to attract and retain tenants. Our multifamily renovation services reduce turnover and increase rental income by creating spaces today’s renters want to call home.
Stronger Competitive Edge
We give multifamily owners and investors a strategic edge in today’s competitive market. As demand rises, our renovation services modernize aging properties with updated finishes, improved functionality, and code-compliant upgrades, helping you stand out and attract today’s renters.
Higher Rental Income
ELITE Construction helps property owners boost rental potential through strategic multifamily renovations. By modernizing units and common areas, we create refreshed living spaces that attract quality tenants and support higher rental rates in today’s competitive market.
ELITE Construction is my go-to Dallas General Contractor for all our multifamily projects here at Wedgewood. Every project we have awarded them has exceeded our expectations! We expect to work with ELITE for many years to come.
Reduce Costs with Smarter Building Practices
At ELITE Construction, we help multifamily developers lower long-term operating costs through sustainable renovation and construction strategies. By using efficient systems and environmentally responsible materials, we reduce waste and boost performance across the board. Our cost-saving solutions include:
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Installing high-efficiency HVAC systems
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Reducing electricity and water usage through smart technologies
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Utilizing natural light, landscaping, and building orientation to improve energy performance
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Avoiding toxic materials to promote healthier indoor environments
These strategies not only reduce operating expenses but also create cleaner, safer living spaces for tenants. In turn, property owners may benefit from fewer insurance claims, lower premiums, and stronger tenant retention.
Increase Tax Benefits/Cost Segregation
Federal and state tax laws allow cost segregation, which is a tax planning tool that speeds up the depreciation of real estate properties. Investors can take advantage of this deduction to reduce yearly state and federal income tax payments. In general, it reduces the expenses of owning real estate.
Lower cap rate
Cap rates (capitalization rates) reflect a property’s return on investment and perceived risk. Lower cap rates typically indicate higher property value and lower risk. At ELITE Construction, we deliver high-quality, modern builds that help reduce cap rates—enhancing long-term value for our clients.
Increase Apartment’s Rating
Commercial real estate investors classify apartments as A, B, C, or D based on factors like amenities, finishes, and maintenance needs. Upgrading your property’s class can boost rental income and occupancy. At ELITE Construction, we help clients achieve these upgrades through targeted, value-driven improvements.
Attract Higher-Quality Employees
Multifamily property staff play a key role in rent collection, maintenance, and day-to-day management. By upgrading your property and enhancing its overall value, you not only improve the living experience for residents—you also attract higher-caliber employees who take pride in maintaining a well-built, modern community.
Become an ELITE Trade Partner
If you are a skilled subcontractor and are interested in multifamily or commercial construction projects, apply to become an ELITE Trade Partner.
Competitive Pay
Timely Payments
