Comprehensive Renovation on Doc Sandlin Rd NE

[Julie Muse]

Investment Info:

Single-family residence renovation investment.

Purchase price: $250,000
Cash invested: $112,058
Sale price: $374,900

Contributors:
Peter Vekselman

Partner Driven partnered with Preston Moore on a full renovation project in Huntsville, Alabama. The property was purchased for $250,000 and improved with $112,058 in renovations before selling for $374,900. This project reflects a disciplined renovation approach focused on improving functionality, appeal, and overall market positioning.

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

The property offered a solid opportunity to add value through renovation in a market with consistent buyer demand. Its layout and condition supported meaningful upgrades, and the surrounding area justified the level of investment. The deal aligned with a strategy focused on repositioning homes to meet buyer expectations.

How did you find this deal and how did you negotiate it?

Preston sourced the opportunity through local outreach and recognized its renovation potential early. The seller was open to an as-is transaction, allowing the deal to move forward without complications. Clear communication and timely action helped secure the property under terms that supported the planned scope of work.

How did you finance this deal?

Partner Driven funded 100% of the purchase and renovation, covering both the $250,000 acquisition and the $112,058 rehab budget. This structure allowed the project to move forward without personal capital at risk and kept the focus on executing the renovation efficiently.

How did you add value to the deal?

Value was created through a comprehensive renovation that addressed both interior and exterior improvements. Updates included flooring, kitchen and bathroom upgrades, paint, fixtures, and curb appeal enhancements. Each improvement was selected to align with Huntsville buyer preferences and elevate the home’s market presence.

What was the outcome?

After renovations were completed, the property sold for $374,900. The final result reflected the quality of the improvements and the strength of the local market. The project demonstrated how thoughtful renovations and steady execution can successfully reposition a property for resale.

Lessons learned? Challenges?

Managing a large renovation required close oversight of timelines, contractors, and costs. Adjustments were needed along the way to stay aligned with market conditions. The key takeaway was the importance of flexibility and disciplined execution when working through higher-budget renovation projects.