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Updated almost 2 years ago on .
![Cindi Dixon's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2141144/1682349745-avatar-cindidixon.jpg?twic=v1/output=image/crop=2031x2031@46x615/cover=128x128&v=2)
Beautifully situated one block from the oceanand a 1.8x return on investment.
Investment Info:
Townhouse buy & hold investment.
Purchase price: $139,500
Cash invested: $25,000
Sale price: $250,000
Beautifully situated one block from the ocean, this luxury remodel was a vacation rental and a 1.8x return on investment.
What made you interested in investing in this type of deal?
Location, unique property
How did you find this deal and how did you negotiate it?
Off market
How did you finance this deal?
Cash
How did you add value to the deal?
Full remodel
What was the outcome?
1.8x return at sale