We spent $90,000 on an abandoned school, and $4.5 million to convert it into apartments—take a look inside

In 2019, Jesse Wig, Adam Colucci and Dan Spanovich bought an abandoned high school in Homestead, Pennslyvania. The trio bought Bowtie High for $100,000 and converted it into a 31-unit apartment building.

During the renovation of Bowtie High, the school across the street went up for sale, so the partners jumped into a second venture together and bought the Schwab School in for $90,000 in October 2020.