1894 S yank Way

Project Overview

1894 S Yank way is a prime Fix and Flip opportunity that scared off most investors. An estate sale where the previous owner no longer took care of the home, this property needed everything. From foundation repair radon mitigation to major wall removals and layout changes. We brought in our expert contractors and got to work. We combined two bedrooms on the top level to create a spacious and luxurious master bedroom with a 5 piece onsuite master bathroom. We removed the old master bath and converted it into a walk in closet. The kitchen and main living area was transformed after we removed all of the dividing walls and created an open concept. This property’s feature piece was its 13’ kitchen island with high-end appliances. Completing this project in 4 months, we set the market on fire during its first few days listed. Receiving over 65 showings in its opening weekend and multiple offers, we sold this home for $50k over asking price right after the winter of 2022 with all of the rate hikes. This superior listing performance far outpaced the market at the time and we made a six figure profit on the project. The 2 investors on this project made a phenomenal return and were able to re-invest their money quickly.

Flip Overview

$491K

purchase Price

$860K

Sales Price

$198K

Renovation

$113k

Profit

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