Deer Valley Case Study
Acquisition
1. Identified a 10-bedroom, 8,500 sq. ft. distressed bank-owned duplex listed for sale for $2.6M
2. Negotiated with a mortgage lender for a $1.8M purchase
• 31% below list price
• 43% below market value
• $0.30 on the dollar to peak values
3. Completed property improvements with a total $542k invested in the homes for a total initial property investment of $2.3M
4. 90 days after purchase, the Deer Valley properties were valued at 36% more than the Fund invested