Investment Info:
Single-family residence fix & flip investment.
Purchase price: $3,975,000
Cash invested: $1,025,000
FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair. This fabulous estate is the former home of NFL Pro Football Legend Deion Sanders. Upon entering, you are greeted by the soaring ceilings, a set of winding stairs that mirror each other & marble flooring that offers you your reflection, all working together to draw you into the experience of breathtaking views while you delight in the detailed architecture. Prepare to be mesmerized as you indulge in the opulence. The estate offers 9 bedrooms, 10 full & 3 half baths, bowling alley, indoor basketball court, theater, 3 swimming pools, 3000 sf master closet, housekeepers quarters and much more.
What made you interested in investing in this type of deal?
This fabulous estate is the former home of NFL Pro Football Legend Deion Sanders.
How did you find this deal and how did you negotiate it?
JEWELER
How did you finance this deal?
CASH
How did you add value to the deal?
REHAB
What was the outcome?
FOR SALE
Lessons learned? Challenges?
Importing Materials
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Don Davis Realty Group Douglas Elliman
