Opened escrow on a new deal yesterday, as follows:
Denver Northeast Park Hill
1942 Brick Ranch, 2/1
762sf + unf bsmt
Was listed at $440k, now u/c at $305k
ARV ~$450k fully finished
Light rehab for retail, or as-is with some cleanup for rental
May need a further price reduction during our 9 day DD
Targeting a $10k assignment fee ๐ค
Now on to the hunt for a cash buyer!