Juanita Kirkland Fix and Flip Sale


  • Purchase Price: $235,000
  • Final Sales Price: $465,000
  • Date: Purchased July 31, 2012 – Closed Nov. 21, 2012
  • Location: Juanita Kirkland – King County (Residential)
  • Type: Fix & Flip Loan – 12 month Term

[one_half_last]Juanita Kirkland Fix and Flip
[/one_half_last] Details: The subject property was purchased on July 31st,  2012 and was sold on November 26th, 2012.  The investor was able to move in and out of the property in less than 120 days and put $95,000 into the property while adding a contemporary flair to the common split level floorplan.  The subject property was a 1800 square foot property, 3 bedroom and 2.5 bath.  The property was listed for $454,500 for only 4 days and escalated into a bidding war and closed at $465,000.  The investor partnered with Liberty Capital  by using a $292,500 Fix & Flip loan, with a $90,000 construction holdback.


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