OFF-MARKET Arvada Investment Opportunity on a huge lot with 175k+ of potential spread!

Showing Tuesday (Tomorrow) at 1pm MT

This property is an investor’s dream. Construction was started earlier this year, but was not finished. Currently a 6 bed/3 bath home, the old garage has already been converted into a bedroom, and there is a separate oversized 2-car garage. The kitchen has already been opened up, and has new cabinets and new appliances. In addition, one of the bathrooms on the main level has already been demoed.

One of the main attractions of this house is the separate entrance to the basement. The basement has been demoed, but is framed out and partially finished. There is also a kitchen that still needs to be plumbed. When finished, this property would be perfect for a long term rental!

This home is in a highly desired neighborhood, and for that reason there are not any comps. Our comp at $650k is the same exact size, is only a 4 bed/3 bath and does not have a separate entrance for the basement. There are no other flips that have sold recently in the neighborhood, but we are confidently calling ARV at $650k.

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Comps

6146 Vrain Street, Arvada, CO 80003 - MLS: 9255828

• Sold at $650,000
• 4 BD, 3 BA
• 2,470 sq ft; 8,500 sq ft lot