Apple Orchard
This was another REO (Real Estate Owned) or bank-owned foreclosure. Purchased for $50,500 in October of 2013, wow this needed some work…
Simply making the home livable took considerable time, but it had some unique features like tall ceilings, a finished basement with a wet bar, and we installed a large deck off the back to enjoy the nice mountain view.
Apple Orchard was sold about a year later for $165,000, yielding about $30,000 in profit.
