Michael Hennessy

5starlegacyhomes LLC in Cape Coral, FL

Michael Hennessy with Diane Hennessy, Ryan Hennessy

This condo was purchased from an owner who inherited it after his mother passed. He was going to keep it and started to rehab (full gut) but he, unfortunately, had a heart attack during the demo and decided to sell the condo instead. We made an offer and finished the rehab. It came out really nice and we decided to hold it and rent it out.

Rehab Details

Property City:

Cape Coral

Property State:

FL

Purchase Price:

$123,500

Repair Costs:

$15,000

Holding Costs:

$2,000

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Case Study

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