Lot Flip on Peavine Rd
Investment Info:
Other wholesale investment.
Purchase price: $5,300
Sale price: $36,000
Contributors:
Peter Vekselman
Partner Driven worked with Kenneth Wolf on a quick-turn transaction of a vacant lot on Peavine Rd in Cookeville, Tennessee. The lot was purchased and sold within a short timeframe with no improvements required. This deal shows how even small parcels can create meaningful opportunities when timing and market demand align.
What made you interested in investing in this type of deal?
The lot offered a low-cost entry with immediate resale potential. Its location and market demand made it attractive for a fast-turn strategy, demonstrating that value can be realized without any physical improvements or extended holding periods.
How did you find this deal and how did you negotiate it?
Kenneth sourced the opportunity through local outreach and quickly identified the spread. The seller was motivated for a fast sale, which allowed negotiations to stay straightforward and efficient. Acting quickly enabled the team to secure and resell the property smoothly.
How did you finance this deal?
Partner Driven funded 100% of the $5,300 purchase. With no rehab or holding costs, the financial structure was simple and supported a clean, quick turnaround.
How did you add value to the deal?
Value came entirely from speed and market positioning. By connecting the property with the right buyer, the team was able to generate a strong return without performing any physical work on the lot.
What was the outcome?
The lot sold for $36,000 shortly after purchase. This transaction highlights how strategic timing and market knowledge can create significant upside, even on small parcels.
Lessons learned? Challenges?
This deal reinforced that in real estate, profit opportunities aren’t limited to houses. Vacant lots, when sourced correctly and executed efficiently, can provide impressive results with minimal effort and risk.
- Julie Muse
