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FRESH AIR. FRESHER APPROACH.
Founded in 2008, WRPG provides Real Estate Brokerage and Investments throughout the state of Colorado.
West Rock Property Group's unconventional approach gives us and our clients insight into off-market opportunities creating superior returns.
Let us show you what makes Colorado real estate great.
DISCLAIMER: Andrew Hicks is a broker at West Rock Realty LLC and a Partner in WRPG.
SERVICE WITHOUT PRETENSE.
A home is one of the biggest investments many will ever make. But the money is made when you buy.
This is where we come in.
I'll ask you, the buyer, the questions you're used to hearing. But then I’ll then take your wish list and not only search every available property on the market, but reach out to all my REO, bank, and hedge fund contacts to scan every potential property that could be a fit.
My resources include many Colorado bank presidents, direct contacts with REO bankers in 179 national banks, and many local real estate funds (most of whom I’ve done business with at some point). If we need to talk to a decision maker, I have a much better chance of tracking them down than most agents holding up a “sold” sign.
If I have any doubt as to the future value of your home, I’ll address it seriously. I believe in real estate as an investment and will never try to “sell” you a property that isn’t in your long-term best interests.
• REAL-TIME MLS TRACKING
• AUCTION TRACKING
• HEDGE FUND AND BANK INVENTORY SEARCH
• CONTRACTOR & SPECIALIST RECOMMENDATIONS/NEGOTIATIONS
As a regular owner of real estate I care about your bottom line—from the sale, negotiations, and fix up I’ll help every way I can. I’ve been trained at several top brokerages and will employ all techniques and tools to market your property correctly and effectively.
I’ll go beyond the typical listing and get a hold of any specialist or contractor needed to fix up or create additional value.
• MLS INPUT & TOP R.E. SITES FEATURED ADS
• PROVEN MARKETING TACTICS/ADVERTISING
• NICHE MARKETING
• CONTRACTOR & SPECIALIST RECOMMENDATIONS/NEGOTIATIONS
OFF-MARKET TRANSACTIONS, ON-TARGET RETURNS.
If you’re a high net worth individual looking to diversity your portfolio or can pay cash for your next residence there is no reason to pay retail on MLS. Most successful real estate investors work off-market deals full time and make decisions immediately. It is imperative to work with a broker that has the proper knowledge and experience to help you make a wise investment at a moment’s notice.
My team monitors off-market properties all over the Front Range and we procure deals better than Metrolist. Talk to us to see if you’ve got the initiative to take down a deal. We’re active investors offering a specialized product and service, not teachers selling you a class.
We offer a variety of investment options in Colorado:
Primary Residence & 2nd Home Purchases at Discounts
Fix and flips
Rental Properties and Portfolios
Commercial Flips and Holds
“I’ve purchased my primary home and three rental properties at auction through Andy. He’s a professional hard working investor that blows away the standard real estate agent. I’m very happy with my current portfolio and my house!” –Alex M.
As a proven real estate fund manager we offer one a one stop shop; acquisitions, construction management, dispositions/brokerage, and transparent accounting.
AMBITION TO PERFORM, EXPERIENCE TO SUCCEED.
Investing in Colorado’s luxury markets (above $500,000 acquisition) in the Auction arena presents great opportunities for investors. One has to be skilled in auction diligence, the market, construction, and actually have over $500,000 cash to step up to these deals at a moment’s notice. The barriers to entry and skill needed to participate limit the crowd quickly.
The luxury market throughout the Front Range and western Colorado has rapidly improved over the last two years and the auction sale competition for sector of the market is still relatively low. The experience and capital necessary to take down a high-end property at auction ($500K+) creates a large barrier to entry that the we've overcome. When banks need to get larger loans off the books they offer their notes at steep discounts. Given the activity we’ve seen over the last six years in Colorado Public Trustee Auctions we are expecting 5-10 solid luxury and high-end opportunities per year.
Track record is available upon request. Explore the documents and resources below for market data.
PURCHASED (90+ Lots): June 2014 & 2015 $300k.
SOLD: 15+ lots ranging from $9,900 to $20,000.
PROJECTED NET PROFIT:
$500k+, Annualized return of ~35% on 3 year sellout.
PURCHASED: August 2012 $135k
$343k, Annualized return of 192%
24 GOLDEN STONE CARBONDALE, CO
PURCHASED: April 2012 $517k
SOLD: August 2013 $750k
$180k, Annualized return of 84%
1001 E. 7TH AVE. DENVER, CO
PURCHASED: August 2010 $490k
Rented for $4500/month to the eventual buyer.
SOLD: January 2012 $950k
>$425k, Annualized return of 68%
6990 E LEETSDALE DENVER, CO
PURCHASED: August 2012 $381,000
SOLD: January 2013 $550,000
$116k, Annualized return of 72%
1891 CURTIS ST. #1907
LIST PRICE: $1,900,000
Client wanted an amazing penthouse with solid value. After viewing 20+ penthouses, submitting offers/negotiations we were able to shave over $300k off list. Shortly after, client decided he needed to be back on the water and was able to sell in 2 months with 0 out of pocket (with commissions!)
825 S. DOWNING ST.
LIST PRICE: $599,000
An investor client found this property and asked me to write it up. Given his background I assisted with a limited service deal and he scored a great parcel/home on Wash Park that will soon be a gorgeous pop-top overlooking the park.
2335 GLENCOE ST. DENVER, CO
ANDY LISTED FOR: $859,000
Clients wanted to move from Park Hill to Stapleton into an Infinity home. Infinity's were getting multiple offers in summer 2013 so I found an off-market Infinity home for them to transition into then quickly stirred up multiple offers on Glencoe.
5540 E. 4TH ST. DENVER, CO
Client had tough request: 3 bed 2 bath 1,500+ sqft ranch home in Hilltop for less than $500k that wasn’t a fixer-upper. When this came after 8+ months of searching we pounced! Shortly after we contracted her house at the time in Park Hill and she transitioned into a bigger home for her bigger family!
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With 300 days of sunshine a year, a playground of mountains only hours away, and a wide variety of industries headquartered (and moving to) the Front Range, Denver is one of the hottest markets in the United States. We have surpassed pre-recession prices and reached all-time high's with continued yearly appreciation. The local investors are still buying at full force and it appears we haven't reached the top.
DENVER METRO RENTAL MARKET
We’ve held vacancy rates below 5% which is fantastic for landlords. A huge influx of private and Wall Street money has entered the market and funds are buying everything they can. Cranes are lining our skyline and large apartment complexes are going in many neighborhoods. If your rental is priced right you’ll have a pile of applicants to sift through.
RESORT TOWNS IN COLORADO
The ski towns and second home markets that were hit during the recession (Pitkin and Routt to name a few) have mostly recovered to their pre-recession prices and people are investing in vacation homes again. These markets always have more risk than major markets like Denver but you can offset that by buying right.
Review the recent reports below, or call or email us if you’re interested in additional data or to talk shop.
Denver Metro Area
and Rent Survey
West Rock Property Group was formed by brothers Joe and Andy Hicks. Together, their experience includes:
Realtor. Investor. Consultant.
As a founder and partner in WRPG, Andrew has purchased, managed, and sold over $50,000,000 in residential real estate investments throughout the state of Colorado since earning his BA in Economics in 2008 from Ohio Wesleyan University. His experience as an active owner of real estate sets him apart from the typical Realtor. As a broker he provides respectful and timely service, detailed analysis and value driven advice, and insight into off-market opportunities that the novice broker isn’t comfortable or familiar with. Andrew is a member of the Denver and Durango Association of Realtors offering service in the Denver Metro and the Mountains.
PHONE: 303-808-2217 | FAX: 303-389-9117 | email: firstname.lastname@example.org
Investor. Manager. General Contractor.
Joe earned a BA in Psychology from DePauw University in 1994 and moved to the mountains of Colorado the following year. Since 1996, Joe has been involved in real estate development and private-equity fund management. He successfully completed three large development projects in Summit County, Colorado, and has been managing two different private-equity real estate funds since 2008. Focused primarily on the fix-and-flip of distressed residential and commercial real estate (foreclosures, short-sales, probate, etc), he has achieved impressive returns for the fund each year, including many years of 20+% returns.
CELL: 720-560-1211 | FAX: 303-389-9117 | email: email@example.com
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