Utah Flip of the Month – August 2024

Purchased: October 2023 @ $590,000
Sold: August 2024 @ $1,100,000
Location: Salt Lake City, UT

Project Details:

This stunning mid-century ranch home was built in 1951 and underwent a complete transformation. The investors purchased it for $590,000 and sold it for $1.1 million.

It’s located in one of Salt Lake City’s most desirable neighborhoods and offers breathtaking views of Mt Olympus and the Salt Lake Country Club.

The fully updated property features four bedrooms and four bathrooms. The kitchen was remodeled with state-of-the-art KitchenAid appliances, including a gas range and a new refrigerator. Two sleek fireplaces anchor the home. The master suite offers a serene escape, with views of the cozy backyard and a walk-in closet. The en-suite bathroom features double sinks and a spacious tub-shower.

Behind the scenes, the electrical system was completely replaced, and the HVAC unit was also upgraded.  

Congratulations to our borrowers on the beautiful craftsmanship. We hope to help finance their next project. 

Contact Indicate Capital for Utah real estate hard money financing