alpine village apartment, queenstown, buy and resell in rising market

We purchased this apartment in a strong growing market and resold later at auction.


key investment results

  • Purchase date: October 2015

  • Sell date: November 2016

  • Stock quantity: 1

  • Timeframe: 1.1 years

  • Purchased in a strong growing market and resold at auction.

  • Existing apartment purchased and resold in rising market.

  • Purchase price: $505,000

  • Value at end: $785,000

  • Deal profit: $280,000

  • Deal profit: 55%