Speculative Infill Single Family Residence in Denver, CO

Real Estate Deal Analysis & Advice
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Speculative Infill Single Family Residence in Denver, CO

Adam Steinbach
Architect · Denver · Member since 2022 · 9 posts · 3 votes

Investment Info:

Single-family residence other investment.

Purchase price: $420,000
Cash invested: $620,000
Sale price: $1,300,000

Single Family Speculative Development - provided 15% ROI to investors

What made you interested in investing in this type of deal?

Leveraging our team of architects and contractors to provide infill housing that meet the growing demand in the Denver market.

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  • Kayla Givens
    Lender · Denver, CO · Member since 2021 · 243 posts · 253 votes
    3y

    Amazing! What a beautiful home and a great outcome. Did you feel any impact of the shifting market?

    0Reply
  • Adam Steinbach
    OP
    Architect · Denver · Member since 2022 · 9 posts · 3 votes
    3y

    @Kayla Givens Thanks for the kind words.  Biggest impact we're feeling right now is the cost of labor and materials are still high and with the beginning of a correction we may have to adjust our model sizing slightly to be able to lower the entry price to the market.  We are seeing the increase in rates reflected in the purchasing power of the buyers, so we may start moving to smaller homes in this market to adjust that build and purchase price, at least with the properties that we are currently holding and purchased at the peak of the market.

    1Reply
  • Kayla Givens
    Lender · Denver, CO · Member since 2021 · 243 posts · 253 votes
    3y

    @Adam Steinbach Got it. Sounds like you are on top of your strategy moving forward and will continue to see success!! I remember seeing this property on the MLS and loved it - maybe one day I can bring you a buyer! :)

    0Reply
  • Carini Rochester
    Investor · Rochester, NY · Member since 2016 · 576 posts · 358 votes
    3y

    Great project! Is there a link to more photos of this house?

    0Reply
  • Adam Steinbach
    OP
    Architect · Denver · Member since 2022 · 9 posts · 3 votes
    3y

    There are photos on the company website.  I wasn't allowed to post the link to photos, but you can find them in my profile.

    1Reply
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