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Updated over 2 years ago on . Most recent reply

User Stats

35
Posts
21
Votes
Terrance Doyle
  • Rental Property Investor
  • Denver, CO
21
Votes |
35
Posts

Tennyson Multi Family 4 Plex Fix and Flip (Denver, CO)

Terrance Doyle
  • Rental Property Investor
  • Denver, CO
Posted

Investment Info:

Large multi-family (5+ units) fix & flip investment in Denver.

Purchase price: $490,000

Cash invested: $222,055

Sale price: $850,000

Here's our newly renovated 4 plex in the Westminster area of Denver. All four units are 2BR/1.5BA, 975 square feet and fully leased at 1,550 in rents plus 100 in RUBS for a total of 1,650 in gross income per unit. It is going to be sold to someone in our network at $850,000. 

To see our financials and how we were able to achieve a 70% annualized return on our capital, click here - https://drive.google.com/open?id=1q5uTGrHy7Ng2pP4OXqNF_KYboAvWqxT0

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