Our First Project
Along with 401 Lowell, this property was the first purchase for the JJC Properties portfolio. Originally acquired together in 2007 with tenants in place, 720 Westover was held as a single-family rental until it was sold in 2014 to a homebuyer ‘as-is’.
Details
Located in Richardson (Dallas), TX it was originally purchased for $135,000 in 2007 and then sold for $150,000 in 2014. It was rented to a long-term tenant until the renovation started.
Financials
Purchased: $135,000
Rehab: $0
Total Cost: $135,000
Sold: $150,000
Realized Profit: $15,000