THIS IS TRULY A $1,000,000 + OPPORTUNITY for a Savvy Investor/Contractor looking for an incredible flip in the highly desirable area of Gainey Ranch.
Gainey Ranch is one of Scottsdale’s finest communities, which is anchored by the 5 Star Hyatt at Gainey Ranch.
At 4,526 total square feet, this is an acquisition price of $441.85 per square foot!! This incredible home, once remodeled by the Investor/Contractor could EASILY sell for at least $904.38 per square foot, based on 5 Closed comps in the immediate area. If this 4,526 square foot home sells for $904.38 per square foot this is a possible price of $4,000,000 +/-. If Investor/Contractor remodels this home for $700,000, this is a potential approximate gross profit of $1,300,000.
Please see documents section for comps