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Updated almost 6 years ago on .

James Nosack's profile image
James Nosack's profile image
James Nosack
  • Rental Property Investor
  • from Seattle, WA
  • Member since May 15, 2018
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User Stats

25
Posts
7
Votes
James Nosack's profile image
James Nosack's profile image
James Nosack
  • Rental Property Investor
  • from Seattle, WA
  • Member since May 15, 2018
Connect
James Nosack
  • Rental Property Investor
  • Seattle, WA
7
Votes |
25
Posts
Real Estate Deal Analysis & Advice

Downtown Bellevue Condo Rehab

James Nosack
  • Rental Property Investor
  • Seattle, WA
Posted

Investment Info:

Other buy & hold investment in Bellevue.

Purchase price: $400,000
Cash invested: $100,000

Downtown Bellevue condo - 1016SF 2BD/2BA - neighbors to Microsoft world headquarters and very near Amazon future expansion.

Myself and some contractor buddies were able to renovate the floors, bathroom, bedrooms, and paint all in about three weeks before getting it up for rent. Renovation cost was roughly $12k and based on nearby comps we believe the value increased roughly $75k from our improvements.

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