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Updated almost 2 years ago,
Tennyson Multi Family 4 Plex Fix and Flip (Denver, CO)
Investment Info:
Large multi-family (5+ units) fix & flip investment in Denver.
Purchase price: $490,000
Cash invested: $222,055
Sale price: $850,000
Here's our newly renovated 4 plex in the Westminster area of Denver. All four units are 2BR/1.5BA, 975 square feet and fully leased at 1,550 in rents plus 100 in RUBS for a total of 1,650 in gross income per unit. It is going to be sold to someone in our network at $850,000.
To see our financials and how we were able to achieve a 70% annualized return on our capital, click here - https://drive.google.com/open?id=1q5uTGrHy7Ng2pP4OXqNF_KYboAvWqxT0