Traverse St Wakefield - Wholetail
Project Info
This property is located in the heart of Wakefield, MA. A bustling Boston suburb with skyrocketing property values. This project was bought far below market value, so much so, that we determined the ideal disposition strategy was to wholesale the property another investor.
Project KPIs
Acquisition and Project Basics
Project Type: Wholetail
Property Characteristics: 3 bed, 1.5 bath
Location: Wakefield, MA
Acquisition Source: Direct to Seller
Construction/Improvement Timeline: None
Total Timeline: 1 month
High Level Financials
Acquisition Price: $300,000
Rehab & Carrying Costs: $~$5,000
Disposition Price: $425,000
Value Created: $100k+ after closing costs
Investment Metrics
Debt or Equity: Funded 100% of HERE partners
Investor Returns: 35% COC with 1 month deployed