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Updated almost 10 years ago on .

User Stats

58
Posts
8
Votes
Trevor Thompson
  • Real Estate Agent/Investor
  • Lehi, UT
8
Votes |
58
Posts

Fix and Flip for Sale in Salt Lake City--$25k-$35k profit

Trevor Thompson
  • Real Estate Agent/Investor
  • Lehi, UT
Posted

Hello, 

I am Trevor Thompson and I work with MJA Real Estate. So far this year we have wholesaled 20+ homes (most of which rental properties), we have flipped almost 10 homes this year, and purchased almost 10 units for ourselves. 

I have an opportunity to sell a Fix and Flip today. Based on our workload with our contractors we cannot take another project at this time ( already have 7 going), so i thought i would share it with other investors like yourself.  

Property address: 144 e Williams Ave. Salt Lake City, UT 84111

Send me an email for Sold comps (last 90 days), Active and under contract comps, tax data, current listing, Sold comps map, and active under contract map. 

* Always do your own research, and pull your own comps, but this is the data that we would need if we were taking this one ourself.* 

After repairs Value $220,000 to $230,000.

MLS comp #1313560 sold for 279k and we helped with this transaction

Purchase Price $126,500

Repairs needed $35,000-$40,000

Potential Profit 27-35k

This home has Additional basement square footage that provides room for a 3rd bed and possible bathroom.

Please review the attached data:

  • 1.County Tax Data – does not show the basement – total usable square footage is 1352 by independent measurement.
  • (884 main level, 468 basement.)
  • 2.Current Under Contract Listing from MLS.
  • 3.Sold comparable homes and map
  • 4.Active and Under Contract homes and map
  • 5.Link to Photo Album and Videos below.

Trevor Thompson

Acquisitions Team Lead - MJA Real Estate

Office: 801-341-7444

Mobile: 801-712-4797

Fax: 866-638-3924

Email: [email protected]

Ask me about Investment Coaching in Real Estate!

Gold and Platinum Membership opportunities to purchase wholesales and turnkey rentals.

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