Speculative Infill Single Family Residence in Denver, CO

[Adam Steinbach]

Investment Info:

Single-family residence other investment.

Purchase price: $420,000
Cash invested: $620,000
Sale price: $1,300,000

Single Family Speculative Development - provided 15% ROI to investors

What made you interested in investing in this type of deal?

Leveraging our team of architects and contractors to provide infill housing that meet the growing demand in the Denver market.

[Adam Steinbach]

@Kayla Givens Thanks for the kind words.  Biggest impact we're feeling right now is the cost of labor and materials are still high and with the beginning of a correction we may have to adjust our model sizing slightly to be able to lower the entry price to the market.  We are seeing the increase in rates reflected in the purchasing power of the buyers, so we may start moving to smaller homes in this market to adjust that build and purchase price, at least with the properties that we are currently holding and purchased at the peak of the market.