Real Estate Flip of the Month – July 2023

Written by Indicate Capital on August 3, 2023. Posted in Real Estate Flips.

Purchased: December 2022 @ $794,500
Sold: July 2023 @ $1,480,000
Location: Englewood, Colorado

Project Details:

Take a look at this stunningly renovated home in Cherry Creek, near the DTC area. This fix-and-flip project had a superb floor plan with a modern design. The property only lasted 3 days on the market before selling at $1,480,00. The project took just over 6 months and our borrower did quite a bit of work in a short time.

Inside the home you will find 3 bedrooms upstairs, 1 guest bedroom on the main floor (ideal as an office), and 2 conforming bedrooms in the basement. The kitchen features a Zline 48-inch gas cooktop, double oven, and 36-inch built-in refrigerator. The master suite offers a walk-in closet and a 3-way shower head. Enjoy two electrical and one wood-burning fireplace. The basement has a spacious open room for recreation, and a wet bar station. Here are some additional highlights…