Access Date and Time
Thursday, 05/29/25 at 12:00 pm
Property Overview
💰 Quick-Turn Opportunity: Light Rehab, Strong Comps, Fast Close and CCSD schools.

💰 Buy Price: $525995 | 🔧 Estimated Rehab: $28,000 | 🏠ARV: $650,000

This 3-bed, 2-bath townhouse property with a 2-car attached garage and a generous 3,981 sq ft footprint sits in the highly desirable neighborhood of Homestead Village in Centennial. It’s primed for a fast exit strategy – whether you’re looking for a light flip, turnkey rental, or a classic wholetail sale. Minimal rehab required, estimated budget of $28,000.
🏡 Property Layout & Features
- 3 Bedrooms: All are large
- 2 Full Bathrooms
- Spacious Living Area
- Kitchen is a desirable layout with Stainless appliances already in place
- Dining Area is adjacent to kitchen and living space
- Attached 2-Car Garage
- Flooring: update needed in just one room. Rest of property is in move-in or rent-ready condition
- Laundry Area in unit
- Total Size: 3,981 Sq Ft
Unfinished Basement: no need to finish the basement to match the ARV listed. The space is there and our ARV does not include finishing.
đź’ˇ Why This Property Is a Prime Turnkey .
1. Light Cosmetic Scope = Speed to Market
With an estimated $28K rehab budget, the scope is simple and fast to complete. Updates needed:
- Remove wallpaper + fresh interior paint
- Â Kitchen cabinet paint
- Â New water heater
- Â Flooring in one room + bathrooms
This means minimal downtime, no permitting headaches, and a short project cycle — perfect for investors focused on speed and simplicity.
2. Strong Retail Appeal with Minimal Touches
The home’s size, layout, and location already check key buyer boxes:
- Ample square footage and functional layout
- Located in a well-maintained, HOA-managed community
- Mature landscaping and neighborhood charm enhance curb appeal
Simply updating the cosmetics allows a wholetail investor to sell directly to a retail buyer without the need for full-scale renovations – capturing market value without overextending time or capital.
3. Strong Exit Options
- Fix and List: Estimated resale ARV at $650,000 creates a healthy margin for a quick flip.
- Buy and Hold: Cosmetic updates would make it rent-ready in a matter of days.
- Wholetail Sale: Complete the light rehab, stage, and list it retail – or simply clean and list as-is in a low-inventory, high-demand market.
Whether you’re a flipper looking for quick velocity, a buy-and-hold investor targeting yield with minimal capex, or a wholetailer looking to ride current demand trends – this opportunity offers speed, flexibility, and profit in one of Centennial’s most vibrant neighborhoods and is an entry price point for the best Cherry Creek Schools.
đź’¸ Cash Buyers Only – Sign Up for Access Today!
Neighborhood Description: Homestead Village is a well-established neighborhood of townhomes that fell like single family houses. The community pool is a local favorite, often hosting casual social events like happy hours and food truck dinners—great for building connections or attracting renters who value a lively, community-driven lifestyle. The neighborhood offers strong amenities with 3 pools, 8 tennis courts, and walking paths woven through mature landscaping. It’s a place that appeals to residents who want both activity and relaxation close to home.
Video Walkthrough
🔧 Rehab Scope | Light Cosmetic Project
This property requires only minor cosmetic updates, making it an ideal quick-turn opportunity for flippers, landlords, or wholetail investors. Estimated rehab budget is just $28,000.
âś… Potential Improvements:
- Remove wallpaper and repaint interior walls
- Replace carpet in one room
- Remove carpeting in bathroom and install appropriate flooring
- Install a new water heater
- Refresh kitchen cabinets with paint
This light rehab scope allows for quick execution and a clean finish that will stand out to end buyers!
Total Budget: $28,000
The finished product will be a 3-bed, 2-bath, 3981 sq feet townhouse with cosmetic updates and an unfinished basement.
Seller is set to close on May 29th, 2025 and needs post close occupancy until June 3rd.
The HOA fee is $560 per month plus $663 annually, and it covers grounds maintenance, snow removal, trash service, sewer, water, exterior maintenance, and access to community amenities including a swimming pool and tennis courts.
Closing is scheduled for 05/29/2025.
Property is currently owner occupied and seller will give buyer possession on June 2nd, 2025 by 5 PM. Seller will leave $15,000 in escrow at Equity Title at close and the balance of $15,000 will be given to seller after any and all eviction, insurance, taxes and utility costs are deducted and paid to buyer. In the event seller does not give possession on the agreed date, seller will be charged $350 per day for each day possession is delayed. There may be an additional post close occupancy agreement required.
3 Beds, 2 Baths, 3981 Sq Ft townhouse
7151 S Poplar Court, Centennial, CO 80112 Zillow
Sold for $643,500 on 11/4/24 | 3 Bed, 3 Bath, 4251 Sq Ft
This comp is literally the next door adjoining and sold for $643,500 in November 2024. This gives a clear picture of what subject is worth in nearly current condition before you do updates. You can expect a little more from the subject property when you add value with some refresh. Both properties have similar layouts and condition: original floors and bathrooms, unfinished basements, and three beds. While this comp property has an extra bathroom with and extra 270sf, it has dated appliances, while our subject already has stainless steel in place. With newer carpet and flooring and more updated kitchen, this shows it's conservative to use $650k after-repair-value for our subject property. These are in a very desirable part of town surrounded by million dollar houses offering the luxury features high end buyers expect.
7154 S Poplar Way, Centennial, CO 80112 Zillow
Sold for $640,000 on 8/14/2024 | 3 Bed, 5 Bath 3804 Sq Ft
Another solid comp to consider is the property that sold for $640,000 on August 14, 2024—3 beds, 5 baths, 3,804 sq ft. While it does have a finished basement, it’s heavily dated with wood paneling and an outdated bathroom, so not necessarily a value add. In fact, our subject property, though it doesn’t have a finished basement, is actually 177 sq ft larger and presents better overall, especially in the kitchen where it already has more modern appliances, counters, and cabinets compared to the comp. This comp gives a strong indication of after-repair value, especially considering how dated the interiors were. If that home can pull $640K in that condition, there’s clear upside here. For a cash buyer looking to add value with light cosmetic updates and not mess with a major overhaul, this one pencils out. Simple project, strong comp, and clean path to a profitable exit.
7169 S Poplar Lane, Centennial, CO 80112 Zillow
Sold for $635,000 on 4/18/2024 | 4 Bed, 3 Bath, 4051 Sq Ft
Take a look at the comp at 635,000 sold on April 18, 2024—4 beds, 3 baths, 4,051 sq ft. It’s got one extra bed and bath and is just 70 sq ft bigger than our subject property, but overall, it's almost identical in current condition. The bathrooms match up in terms of finish level, but where our subject pulls ahead is in the kitchen and flooring. The comp had more dated finishes throughout, while the subject will feature more modern appliances, updated kitchen touches, and newer flooring, giving it a cleaner, more marketable feel. This comp gives a solid baseline for ARV, showing what similar homes are doing even without cosmetic upgrades. With just light work, the subject property stands to outperform this sale price thanks to its more modern interior and updated look. It's a straightforward investment with clear upside; perfect for someone looking to get in and out without a full reno!
