389 Christine Ct, Winston-Salem NC 27127

Great opportunity in Winston-Salem, NC.

This Manville home consists of 3 beds, 3 bath, 1,431 sqft of living space on a 0.45 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 50% 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:

$232,000

After Repair Value:

$362,000

Investment Duration:

24 Days

Return on Investment:

50%

Rehab Cost

$28,000

Agreed Purchase Price:

The end buyer has agreed to purchase the property for $347,000 and has made a 25% 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

Oscar Gallego

Property Details:

  • Size: 3 beds, 3 bath, 1,431 sqft
  • Lot: 0.45 Acres Lot
  • Year Built: 1994.

Rehab Cost Breakdown


  • Exterior: Clean siding, painting, landscape.
  • Interior:
    • Kitchen&Baths: Paint cabinets, new countertops, new sinks, new flooring, update lighting.
    • All Rooms: Replace all carpet with LVP flooring.
    • Walls: Address all wood paneling, paint all walls and ceilings.
    • Fixtures: Update all outdated light fixtures and ceiling fans.
    • Doors&Trim: Paint all interior doors and trim.
  • General: Full clean-out, post-rehab deep clean, budget contingency, obtain permits.

Total Rehab Cost: $28,000