Park City Ski in/out Sundial Fix Rent and then Flip.

[Steele Dewald]

Investment Info:

Condo other investment in Park City.

Purchase price: $434,000
Cash invested: $15,000
Sale price: $590,000

We originally bought this property to hold it. It was a great rental for the first year pulling in 62k with an NOI of 16k. We bought it with 5% down so the return was healthy. We ended up selling for $590,000 when the market started to get hot. I loved this building and can't wait to buy another property there.