Denver Fix & Flip Opportunity
Today’s Denver Fix and Flip Deal came directly off my “daily hotsheet” that scans the MLS every weekday and lets my clients know what the best deals are that particular day. This property is in a great location for a rehab/fix and flip opportunity! Only two blocks off City Park and two blocks from the Denver Museum of Nature & Science, will make this a very attractive remodel due mainly to the location. This is a smaller single family detached home: 2/1 bath ranch home built in 1942, there is an unfinished basement that could be finished off to increase profits. Numbers on this property would be about 30k needed for updating, comps then support a 270k ARV (After Rehab Value). Done correctly, DOM (Days on Market) should be less than 45 days considering the time of year the property would be listed, along with the stellar location.
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