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Top related persons:
Jesse Wig - 2 Adam Colucci - 2 Dan Spanovich - 2 Schwab - 1 Charles M - 1 Spanovich - 1
Top related locs:
Homestead Pennslyvania American Pennsylvania Homestead , Pennsylvania
Top related orgs:
Schwab - 1 CNBC - 1 Schwab Vocational School - 1 Pittsburgh Post - 1 Gazette - 1 Scwab - 1 Malhari Media - 1

Search resuls for: "Adam Colucci"


6 mentions found


☆ We spent $90,000 on an abandoned school, and $4.5 million to convert it into apartments—take a look inside
  + stars: | 2023-12-02 | by ( Celia Fernandez Valentina Duarte | Celia Fernandez | Valentina Duarte | ) www.cnbc.com   time to read: +3 min
In 2019, Jesse Wig, Adam Colucci and Dan Spanovich bought an abandoned high school in Homestead, Pennslyvania. Wig, Colucci, and Spanovich went into the project with a budget of $3.2 million and, in the end, spent about $4.5 million renovating the Schwab School. The partners ended up spending about $4.5 million to renovate the Schwab School. Because Bowtie High and the Schwab School are across the street, the two are sister buildings. For now Wig, Colucci, and Spanovich don't have plans to take on another project together.
Persons: Jesse Wig, Adam Colucci, Dan Spanovich, Schwab, Charles M, Spanovich Organizations: Schwab, CNBC, Schwab Vocational School, Pittsburgh Post, Gazette, Scwab, Malhari Media Locations: Homestead, Pennslyvania, American, Pennsylvania
☆ We renovated a $90,000 abandoned school into a 33-unit apartment building — take a look inside
  + stars: | 2023-12-02 | by ( Elham Ataeiazar | Valentina Duarte | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe renovated a $90,000 abandoned school into a 33-unit apartment building — take a look insideAdam Colucci, Jesse Wig and Dan Spanovich bought a second abandoned school in Homestead, Pennsylvania for $90,000 and turned it into a 33-unit apartment building. The renovation cost about $4.5 million and took 18 months to complete. The trio's first abandoned school-turned-apartment building, Bowtie High, is located right across the street. 06:52 an hour ago
Persons: Adam Colucci, Jesse Wig, Dan Spanovich Locations: Homestead , Pennsylvania
☆ These 3 investors bought an abandoned high school for $100,000 and turned it into 31 luxury apartments. Take a look around.
  + stars: | 2023-05-21 | by ( Sam Tabahriti | Sarah Al-Arshani | ) www.businessinsider.com   time to read: 1 min
Jesse Wig, Adam Colucci, and Dan Spanovich are the investors behind the project. Adam ColucciThe project was on hold for about a year after the trio purchased the school, as they couldn't agree on what to do with the building. "We were talking to some larger tenants — a gymnastic crew, a basketball crew, renting out rooms for a recording studio," Colucci said. It took them about 18 months to complete and cost around $3.3 million, according to Wig. "The beauty of this building was worth what we paid," Colucci said.
☆ We renovated a $100,000 abandoned high school into a 31-unit apartment building - take a look inside
  + stars: | 2023-04-25 | by ( Valentina Duarte | Elham Ataeiazar | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe renovated a $100,000 abandoned high school into a 31-unit apartment building - take a look insideMillennials Adam Colucci, Jesse Wig and Dan Spanovich bought an abandoned high school in Homestead, Pennsylvania for $100,000 and turned it into a 31-unit apartment building. The renovation cost about $3.3 million and took 18 months to complete. Adam, Jesse and Dan are now in the process of turning a second school into an apartment building. 08:44 Tue, Apr 25 2023 1:52 PM EDT
☆ We spent $100,000 on an abandoned high school, and $3.3 million to convert it into apartments—take a look inside
  + stars: | 2023-04-25 | by ( Valentina Duarte Celia Fernandez | Valentina Duarte | Celia Fernandez | ) www.cnbc.com   time to read: +4 min
In May 2019, the trio bought the abandoned school, Bowtie High, for $100,000 and converted it into a 31-unit apartment building. Wig, Colucci, and Spanovich found a different bank and secured a $2 million mortgage, which they pay down at $12,129/month. In total, renovating the old school cost $3.3 million, an amount that the partners are still shocked by. Leasing started in October 2021 before renovations were even completedLeasing at Bowtie High started in October 2021, and within six months, the former high school had reached 100% occupancy. Bedrooms have a lot of natural light thanks to the old high school's large windows.
☆ Millennials bought an abandoned high school for $100,000 and turned it into a 31-unit apartment building—take a look inside
  + stars: | 2022-12-16 | by ( Celia Fernandez | ) www.cnbc.com   time to read: +5 min
When an abandoned high school was listed for sale in Munhall, Pennsylvania, three real estate partners saw an opportunity to completely transform the space. When an abandoned high school in Munhall, Pennsylvania, was listed for sale in 2019, Jesse Wig saw an opportunity. Dan Spanovich (left), Jesse Wig (middle), and Adam Colucci (right) bought the abandoned high school in 2019. The former high school classrooms became new, modern apartments and the auditorium turned into a shared space. The plan is for the second high school to have 33 residential units, consisting primarily of one-bedrooms and some studios.
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