Project Information
Triplex Flip! purchase of 3 units on one lot, main house in the front and two more units in the back. The units are in poor condition and a general renovation of the house will be carried out for the purpose of improvement, renting the units and selling. The renovation includes electrical re-wiring, new plumbing, kitchen, floor and a layout change by adding addition bedroom and bathroom to maximize sales profits.
Project Strengths
- Great location! Minutes from downtown Saint Petersburg.
- We create value by the house improvements and appreciation.
- Preferred return to the investor.
- Proven comps to support future sale price.
- Short project timeline, only 10 months.