Renovation Completion on Robert Circle

[Julie Muse]

Investment Info:

Single-family residence renovation investment.

Purchase price: $135,000
Cash invested: $64,963
Sale price: $252,000

Contributors:
Peter Vekselman

Partner Driven partnered with Preston Moore on a renovation project in Guntersville, Alabama. The property on Robert Cir was purchased for $135,000 and improved with $64,963 in upgrades before selling for $252,000. This project reflects a focused renovation strategy aimed at repositioning the home to meet buyer expectations in a growing market.

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

The property presented a clear opportunity to add value through renovation. Its condition and layout supported meaningful upgrades, and the surrounding market showed consistent demand for updated homes. The numbers supported a full rehab while allowing room to reposition the property competitively at resale.

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

Preston sourced the property through local outreach and identified its potential early. The seller was open to an as-is transaction, which allowed negotiations to remain straightforward. Acting decisively and presenting clear terms helped secure the property at a price that aligned with the renovation plan.

How did you finance this deal?

Partner Driven funded 100% of the purchase and renovation, covering both the $135,000 acquisition and the $64,963 rehab budget. With full capital support in place, the project moved forward without personal funds at risk, keeping the focus on execution and timelines.

How did you add value to the deal?

Value was created through targeted renovations that improved functionality, aesthetics, and buyer appeal. Updates included interior finishes, kitchen and bathroom improvements, flooring, paint, and exterior enhancements. Each upgrade was selected to align with local buyer preferences and market pricing.

What was the outcome?

After renovations were completed, the property sold for $252,000. The final sale reflected the impact of the improvements and confirmed demand for well-finished homes in the Guntersville area. The project demonstrated the effectiveness of pairing disciplined renovation planning with steady execution.

Lessons learned? Challenges?

Managing renovation timelines and budgets required close oversight, especially as unexpected items surfaced during the project. Staying flexible and maintaining clear communication helped keep the renovation on track. The key takeaway was the importance of disciplined planning and adaptability on full renovation projects.