San Francisco sale, 181 27th Street, San Francisco
From purchase to profitable resale
- Objective
- Buy at an attractive point in the market, improve the property, and realize the gain on resale.
- Challenge
- This was a full-cycle investment decision. Acquisition price, improvements, ownership timing and eventual resale all had to work together.
- Asher's role
- Represented the clients through both the purchase and the later sale
- What Asher did
- Asher helped the clients purchase during a market dip, advised them throughout ownership and the resale process, and managed the eventual sale, which attracted multiple offers without contingencies.
- Result
- Sold for $1,665,000. The clients nearly reached the maximum home-sale gain exclusion available to them, subject to their tax adviser's determination.
Represented through Ground Matrix, Inc., California DRE #02041140
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