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Updated over 5 years ago on .

User Stats

56
Posts
31
Votes
Jeremy Bartlett
  • Rental Property Investor
  • Anchorage, AK
31
Votes |
56
Posts

Single-family residence buy & hold investment in Eagle River.

Jeremy Bartlett
  • Rental Property Investor
  • Anchorage, AK
Posted

Investment Info:

Single-family residence buy & hold investment in Eagle River.

Purchase price: $308,000
Cash invested: $39,000

Single Family Fixer-Upper. Needed new roof, interior/exterior paint throughout, new flooring throughout, new trim throughout, repair work to deck, and new banister. Sits in a great neighborhood. Most houses in area go for around $360K+. Negotiated $10K from seller and invested $10K for total remodel. Planning on living in it for a year or two and turning into an AirBnB as a mountain lodge feel in AK.