Comprehensive Multifamily Repositioning and Rent Growth Plan
Birdnest Group acquired Central Flats at 220 Central Avenue as a distressed four-unit asset in need of full renovation. The property presented challenges, from deferred maintenance to unusual tenant situations, offering a clear opportunity to unlock value through thoughtful redevelopment.
We fully revitalized each unit while preserving architectural character. Exposed beams, brick details, yellow pine floors, and high-end finishes were integrated to create modern, sun-filled living spaces that appeal to long-term tenants while respecting the property’s historical charm.
Each residence features tailored layouts, from a wrap-around porch in Unit 1 to private garden access in Unit 2 and full-floor units in Units 3 and 4. Moroccan tile baths, reclaimed wood vanities, and gourmet kitchens create a high-quality, income-generating experience throughout the building.
Central Lofts now operates as a stabilized, high-performing four-unit asset with strong rental demand. The combination of contemporary upgrades, architectural integrity, and disciplined redevelopment reflects Birdnest Group’s commitment to turning challenging properties into long-term, reliable income streams.
