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Updated 6 months ago, 07/07/2024

User Stats

134
Posts
61
Votes
Sean Gribbons
  • Flipper/Rehabber
  • Denver, CO
61
Votes |
134
Posts

Wheat Ridge 32nd Duplex Split

Sean Gribbons
  • Flipper/Rehabber
  • Denver, CO
Posted

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $660,000
Cash invested: $130,000
Sale price: $1,015,000

Bread and butter duplex in a really great area. Split and sold on first showing over asking.

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

All i do is duplex splits

How did you find this deal and how did you negotiate it?

MLS creative negotiating with offer time limit. Over asking purchase with multiple offers.

How did you finance this deal?

Hard Money

How did you add value to the deal?

Rehab cosmetic and landscape

What was the outcome?

sold for succesful profit

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Sean Gribbons Broker at The Gold Standard Brokerage