Delivau Drive, Charlotte NC Case Study | Fix and Flip Investment

This case study features a fix and flip investment in Charlotte, NC, sourced off-market and renovated to maximize resale value through layout improvements and modern finishes.

Property Overview

• Property Type: Single-family | Fix and Flip
• Location: Charlotte, NC 28215
• Acquisition Price: Approximately $260,000
• Renovation Investment: Approximately $42,000
• Listing Price: $379,900
• Appraise Value: $390,000

Investment Strategy

The strategy emphasized:

• • Off-market acquisition through direct sourcing
• • Improving interior flow and functionality
• • Modernizing finishes to appeal to retail buyers
  • Unlocking additional value through land subdivision

Scope of Work

The renovation plan included the following updates:

Full kitchen remodel with new cabinetry, counters, and fixtures

Improved interior layout for better flow and usability

Interior repaint and selective exterior updates

Modern lighting and fixture upgrades throughout

Completion of land subdivision to support future development value

Timeline and Execution

The project moved efficiently from acquisition through renovation, remaining within projected timelines and scope while preserving margin.

Outcome and Market Positioning

• • Positioned for resale near appraised value
• • Renovation costs maintained below initial expectations
• • Additional value created through subdivision approval
• • Clean execution with multiple exit strategies

Key Takeaway for Investors

This Charlotte fix and flip illustrates how strategic scope selection and value engineering can improve resale outcomes while protecting downside risk.

Case Study Disclaimer

All figures are estimates provided for illustrative purposes only. Actual results may vary. Buyers and investors are responsible for conducting their own due diligence and financial analysis.