Efficient Renovation on S Frisco St

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment in Crocker.

Purchase price: $65,000
Cash invested: $11,000
Sale price: $125,000

Contributors:
Peter Vekselman

Partner Driven partnered with BJ and Traci Medlen on a renovation project on S Frisco St in Crocker, Missouri. The property was purchased for $65,000 and improved with a focused $11,000 renovation before being brought back to market and sold for $125,000. This project highlights how controlled improvements can create meaningful results when aligned with local demand.

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

This property stood out due to its low entry point and the ability to improve it without a heavy renovation budget. It presented a chance to enhance the home’s condition and appeal while keeping costs efficient, making it a strong candidate for a light-to-moderate value-add strategy.

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

BJ and Traci sourced the opportunity through local outreach and worked directly with the seller to secure an as-is purchase. The seller was open to a straightforward transaction, allowing for clean negotiations and a quick transition into the improvement phase.

How did you finance this deal?

Partner Driven funded 100% of the $65,000 purchase and supported the $11,000 renovation. With capital in place from the start, the project moved forward without delays, allowing the focus to remain on execution and preparing the property for resale.

How did you add value to the deal?

Value was created through targeted, cost-efficient upgrades rather than a full-scale rehab. Improvements focused on key areas that increased appeal and functionality, helping position the property competitively without overinvesting in the scope of work.

What was the outcome?

The property sold for $125,000 after the improvements were completed. The controlled renovation approach allowed the project to stay efficient while still delivering a strong resale result in the local market.

Lessons learned? Challenges?

This deal reinforced that not every project requires a large renovation budget to be effective. Strategic, focused improvements can go a long way when matched with the right market. The key takeaway was the importance of efficiency and discipline in renovation scope.