We won this beautiful home in Locust Grove last week. Built in 1981, this house sits on 0.34 acres, with 103 feet of water front property, and over 5400 square feet of living space. Currently a 4 bedroom, 2.5 bathroom house, we are planning to convert it to 6 bedrooms and 3.5 bathrooms, as well as building a huge dock and garage to fully realize this house's potential.
110 Pleasant Grove Road, Locust Grove, VA, 22508 |
* Purchased for: $450,000
* Repairs: $150,000
* ARV: $825,000-$850,000
* Anticipated ROI at $825,000: $150,750, or 25%!!!!We already have the investors we need on this project, but if you are interested in learning more about our business, or investing with us on another project, do not hesitate to contact us!
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