6411 Highland Avenue, Charlotte, NC 28215.
Great opportunity in Highland Avenue, Charlotte, NC.
This Charlotte home consists of 3 bd/ 2 ba/ 1,161 sqft of living space on a 0.24 Acres Lot. Don’t miss out on this great opportunity!
Investment and Property Details
At Strandpark Properties, we believe in creating win-win opportunities. By allowing our clients to sponsor rehab projects, we not only share the financial success but also foster a collaborative partnership. While we have the resources to fund these projects ourselves, we value the insights and involvement of our clients. This unique approach allows you to earn 40% return on your investment when the property is flipped, making it a lucrative opportunity for everyone involved. Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$168,000
After Repair Value:
$300,000
Investment Duration:
42 Days
Return on Investment:
40%
Rehab Cost
$47,000
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $275,000 and has made a 20% non refundable deposit towards the ARV.
Security
Rock-solid, legally binding joint venture agreement guaranteeing your investment return and protection regardless of project outcome.
Lead Contractor
Maria Alonso
Property Details:
- Size: 3 bedrooms, 2 bathrooms, 1,161 sqft
- Lot: 0.24 acres
- Year Built: 1928
Rehab Cost Breakdown
General Clean Up & Waste Removal: $8,000
Wall Repair: $4,000
HVAC Replacement: $13,000
Windows & Doors: $6,000
Painting: $7,000
Landscaping: $4,000
Labor Cost: $3,000
Contingency: $3,000
Total Rehab Cost: $47,000