New Construction SFR in Greenville, SC

New Construction SFR in Greenville, SC

Developer · Greenville, SC · Member since 2014 · 3 posts · 3 votes

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $90,000
Cash invested: $400,000
Sale price: $725,000

demolished existing home and built New Construction SFR

https://www.zillow.com/homedetails/305-Willard-St-Greenville-SC-29611/10995509_zpid/

How did you finance this deal?

Local investor funded land acquisition and construction

How did you add value to the deal?

Built new construction home at lower square footage price than sale price.

3Reply
64 views

1 Reply

Jump to latestLatest
  • Real Estate Broker · Atlanta · Member since 2024 · 1k+ posts · 607 votes
    6mo

    Bryan, it is a beautiful home and I love the finishes. That said, it looks like many of the surrounding homes are much older and show signs of deferred maintenance which could impact days on market and ultimately the final sale price.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.