A classic mid-century home 3 blocks from Atlantic Avenue with prime expansion and pool addition potential.
LOAN AMOUNT
$720,000
Heavy structural changes required zoning approval and rapid draw disbursements for contractor continuity.
Adler Capital funded $720,000 with a 48-hour inspection and draw turnaround protocol to keep trades on site.
The Outcome
Sold within 14 days of listing for full asking price of $995,000, creating $175,000 in net investor return.
Deal Highlights
LOAN AMOUNT
$720,000
PURCHASE PRICE
$580,000
RENOVATION BUDGET
$200,000
FINANCING
90% LTV + 100% Rehab
AFTER-REPAIR VALUE
$995,000
PROJECT DURATION
8 Months
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