E. Elm Ave. Temple, TX New Construction

[Caleb Longino]

Investment Info:

Single-family residence other investment in Temple.

Purchase price: $10,000
Cash invested: $82,300
Sale price: $148,500

L.E.I.'s first project in the Temple, TX market. We purchased a home on a large city lot subdivided the lot and retained the existing home to be renovated and placed in our rental portfolio. We then constructed a new single family residence on the remainder of the lot.