Avenues

Salt Lake City, UT
Realized
Realized
Strategy

Renovate & resell

Property Type

Single-family

6 Months
Holding Period
Separating line
1
number of units
Separating line
$400k
Total investment
Separating line
Q2 2017
Acquisition Date

Investment Overview

Avenues was acquired in Q2 2017 as a renovate-and-resell investment strategy. The property is a single-family home purchased at an attractive basis due to its distressed condition, providing a clear opportunity for value creation through renovation.

We completed a full gut renovation, rebuilding the home to modern standards. The project was led directly with sub-contractors, allowing for hands-on oversight of scope, quality, and execution throughout the process.

The property was repositioned and sold following a six-month hold period.