Updated over 1 year ago on .
The Lake Life House in Anchorage, AK
Investment Info:
Townhouse buy & hold investment.
Purchase price: $245,000
Cash invested: $55,000
Investment Property near Jewell Lake, in Anchorage AK, (99502). Currently under Lease w/ Purchase Option Agreement until 07/01/2026
What made you interested in investing in this type of deal?
Cash flow and Appreciation
How did you find this deal and how did you negotiate it?
Realtor
How did you finance this deal?
30 Year Fixed Rate Mortgage
How did you add value to the deal?
New paint, appliances, furnishings and modern upgrades.
What was the outcome?
Great cash flow and appreciation.
Lessons learned? Challenges?
Lots of time and attention to detail was necessary.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Realtor: Becky McBain