1609 Annette Way
In November 2014 KF Real Estate Holdings acquired this four bedroom, 2 bathroom ranch-style home with in-ground pool and hot tub, through a joint venture with a local San Diego general contractor. The home was well located in the Fletcher Hills neighborhood of El Cajon, California and in good structural condition, but in need of substantial interior updating and improvements. A complete renovation of the property was completed in June 2015 and the finished home was sold in August 2015 for $542,000.
777 South Logan Street
In August, 2007 KF Real Estate Holdings acquired this four bedroom / two bath, craftsman-style, single-family home through a “short-sale” transaction. The property was well located in the Washington Park West neighborhood of Denver, Colorado, but in need of significant improvements and updating. A full renovation, combining modern and “old world” styles, was completed in February, 2008 and the finished home was leased and added to our rental portfolio. After nearly 7 years in the rental portfolio, the property was sold in October 2015 for $610,000.
2302 North Leavitt Street
KF Real Estate Holdings purchased this frame, four-story, three-unit, multifamily building in July 2004. Having been built in 1920 and renovated in the 1980’s, the property was in generally good condition but in need of interior cosmetic updating. Situated on a quiet, tree-lined street, the building had an excellent location on the northern edge of the trendy Bucktown neighborhood on the near northwest side of Chicago, Illinois. The building was operated as a rental property until the existing individual unit leases expired and each unit could receive an extensive interior renovation. Upon completion of the renovation, the building was converted into condominiums and the three units were sold to individual buyers in mid-2005 for a total of $1,127,000.
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