When it comes to building contractors, many strive to offer a wide range of services. However, Johnny Moseley and his company, Moseley Multi-Family, have taken a different approach, focusing exclusively on renovating properties for multifamily living. This has recently led to a significant milestone for the company, making it the largest multifamily renovation contractor in the United States.
Since its establishment in 2007, Moseley Multi-Family has renovated over 21,623 apartments and condos, achieving its founder’s vision of becoming the largest multifamily renovation contractor globally. Johnny Moseley attributes much of this success to the company’s unwavering focus on the multifamily market.
Multifamily renovation is a growing market that offers numerous benefits, including increased net operating income, accelerated rent growth, and greater asset value. By reinvesting in more properties, developers can continue to build new communities for local families.
Moseley Multi-Family’s success can also be attributed to its approach to small-scale projects. The company focuses on the average cost of an apartment, which is approximately $20,000, allowing them to complete renovations in large numbers and reach the milestone they have today.
Despite the challenges posed by the COVID-19 pandemic and supply chain disruptions, Moseley Multi-Family continues to thrive. Johnny Moseley and his team have taken measures to ensure the company’s continued success, including pre-ordering materials and expanding supplier lines.
As the largest multifamily renovation contractor in the United States, Moseley Multi-Family continues to transform and modernize multifamily living, achieving their founder’s vision and maintaining their position as leaders in the industry.