Quick Flip Condo in GP

1402 S Carrier Pkwy, Grand Prairie, TX 75051

$155,000 After Repair Value -
$110,000 Asking Price -
$16,000 Cost of Repairs =
$29,000 Potential Profit

Property Details

Asking Price $110,000

After Repair Value $155,000

Costs of Repairs $16,000

Potential Profit $29,000

Living Area 1654 ft2

Property Type Condo

Bedrooms 3

Bathrooms 3

Half Bathrooms 0

Parking 2

Listed with Agent No

Property Description

This should be a very quick flip or just list it on the market! There are 2 other units that are in worse shape then us on the market at $130k & $138k. Our best comp is a carbon copy of us that put in new floors and painted walls (unit 302) and sold at 145k in 3 days! Our rehab is just paint and floors.

Repairs Needed

The condo is in great shape and has been very well maintained. It just needs some paint and flooring to give it a modern look. If you have a good crew who can get the work done cheap, you might be able to squeeze in some nice new counter tops. Your comps are nothing special so no need to get carried away.

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