Location: Lynwood, WA
Asset Type: Multifamily Townhome Community
Assignment Duration: 2 Years
Service Lines: Asset Management | Advisory

Overview

AGM Real Estate was engaged to oversee a two-year asset management assignment with a focused objective: increase property value by 70% while capping renovation spend at just 20% of the value increase. This required precise capital planning, active operations oversight, and performance-driven advisory execution.

Midway through the assignment, the portfolio has already realized a 42% increase in value, translating to approximately $5.4 million in appreciation and $270,000 in annualized cash flow gains across three townhome assets.

Strategy

• Designed a value-engineered renovation plan to drive curb appeal and rent growth without overcapitalizing

• Implemented revenue-focused operational changes including tenant retention programs and expense controls

• Restructured vendor contracts and maintenance workflows to boost NOI

• Delivered ownership reporting and refinance-ready financials

• Positioned assets for multiple future outcomes: sale, refinance, or hold

Results (Midpoint)

• +42% increase in appraised portfolio value

• +$270,000 in improved annual cash flow

• Renovation costs tracking under 20% of targeted value lift

• Owner now has flexible exit or refinance options

• Final 10 months remain in execution phase with upside potential still ahead
  
  

A Case in Performance-Driven Management

The Crestview Townhomes engagement reflects AGM’s core strength: delivering measurable results through disciplined execution. Rather than relying on heavy capital expenditures, our team focused on operational levers—smart renovation planning, expense control, and tenant-focused oversight—to drive real, bankable value.

It highlights how AGM approaches management not as passive oversight, but as a proactive, value-creating function. Whether preparing an asset for disposition, long-term hold, or refinance, our strategy is rooted in deep market knowledge and hands-on involvement that consistently drives performance.