INV Ref – PRX2180 – Suncrest Capital Group

20700 ARLO LANE

Updated Progress

04/22/25

The property is currently listed for sale on the market and has received two offers, pending pre-approval. The projected After Repair Value (ARV) remains realistic, supported by the quality of the completed work. A realtor has been consulted regarding listing strategy, pricing, and staging to ensure a strong market presence. If the property does not sell quickly, a slight price adjustment is planned as a contingency to maintain momentum and attract potential buyers.

Here’s the link to view property listing: https://redf.in/Oclm1S

03/13/25

The rehab is officially complete! A professional photographer is scheduled for Friday, ensuring high-quality listing photos, with a full cleanup set for Saturday. No pending permits or inspections are required, and everything has stayed on track without any issues or delays. The next major step is listing the property, which will go live on Sunday. Additional photos will be uploaded to the drive once available, providing a great look at the finished project. Exciting progress as the property moves closer to finding the right buyer!

03/10/25

The rehab is complete, with a photographer scheduled to arrive tomorrow for final shots. There are no pending permits or inspections, and everything is progressing smoothly. The property is expected to be listed on the market by Wednesday. There have been no delays, and the project remains on budget. Additional photos will be sent for sharing with the PML. The project is moving forward seamlessly and on track for the next steps!

02/11/25

The rehab project is nearly complete, with only stucco sockets remaining. A professional photographer has been scheduled, and once the photos are ready, the property will be listed on the market. A key challenge was the ceiling joist, which required replacement with an LVL beam to properly support the roof. The next major step is listing the property with an agent to ensure a timely market debut. The project remains under budget, and photos can be provided for the PML as requested.

01/14/25

The property rehab is progressing well and is nearing completion. Key milestones have been achieved, with no reported issues or delays impacting the timeline. The next significant action involves consulting and completing the exterior work. The project remains under budget, with all expenses managed effectively. Updated photos of the property will be shared soon to provide a visual update for the PML. Overall, the progress reflects positive momentum toward finalization.

12/09/24

The property rehab is progressing ahead of schedule, with the team expecting to complete the project by the end of this month. Key milestones have already been achieved, including the completion of all demolition, electrical, and plumbing work, as well as framing and drywall installation. Additionally, the new bathroom and laundry room on the main floor, along with the upstairs bathroom, are fully finished. No issues or delays have been encountered, and the project remains under budget. The next steps include painting the interior, installing flooring and new interior doors, and adding the new AC unit, which is scheduled for installation this week. Photos of the property have already been shared via email and can be forwarded to the PML as needed.