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Performing property condition assessments to determine thorough Capital Expenditure

CCA’s team of professionals perform property condition assessments prior to acquisition to determine a thorough Capital Expenditure (CAPEX). When considering new acquisitions, condition assessments are essential to quantify the cost of necessary improvements over a multi-year period, allowing potential buyers to determine the “real” cost of an acquisition.

Recently, our experts completed a CAPEX for a multi-billion dollar acquisition in Phoenix, Arizona. CCA provided detailed expenditure plans with the necessary improvements to keep the facility up to the owner’s standard for around 10 years thereby increasing the life, value, and usefulness of its assets.

 

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