RICHNECK DEVELOPMENT INC

Virginia Beach-Chesapeake-Norfolk, VA-NCflipperorganization

Investor profile snapshot

RICHNECK DEVELOPMENT INC is a flipper real estate investor active in Virginia Beach-Chesapeake-Norfolk, VA-NC with 6 recorded acquisitions totaling approximately $1,819,400. Recorded purchases appear concentrated in a tighter local market footprint. The most recent recorded purchase was in April 2025, so the visible activity window still looks fairly recent from a deed-record standpoint.

Recorded purchases skew toward Single Family Residential. Average observed purchase price sits near $303,233, which reads as mid-market acquisition pricing. Behavioral signals point to flip-oriented behavior and cash-heavy execution within the recorded deed activity.

Observed window
March 2022 to April 2025

About 3 years of observed acquisition activity

Latest recorded purchase
April 2025

Still fairly recent, even if buying pace may be uneven

Market footprint
1 state / 1 metro

Activity appears concentrated in a narrower local market footprint

Strategy read
Flip-oriented

Derived from observed cash, financing, and flip-like transaction patterns

How to read this profile

This page summarizes observed deed-backed purchase activity in SFR Analytics' dataset. Metrics are dataset-relative and useful for comparing patterns, but they should be read as directional evidence rather than a complete count of every entity, affiliate, or off-record transaction connected to this buyer.

Transaction Summary

6
Transactions
6
Properties
$1.82M
Total Volume
$303,233
Average Price

Property Types

Single Family Residential

Frequently asked questions

What type of real estate does RICHNECK DEVELOPMENT INC focus on?

Public records associated with RICHNECK DEVELOPMENT INC show activity in Single Family Residential across Virginia Beach-Chesapeake-Norfolk, VA-NC.

How many properties are associated with RICHNECK DEVELOPMENT INC?

Public records show approximately 6 properties and 6 recorded transactions associated with RICHNECK DEVELOPMENT INC in this dataset.

Which lenders has RICHNECK DEVELOPMENT INC worked with?

Recorded mortgage data linking RICHNECK DEVELOPMENT INC to specific lenders is limited in this dataset. Cash purchases or out-of-record financing may explain gaps.

How recent is RICHNECK DEVELOPMENT INC's activity?

Records show activity from 2022 through 2025, with the most recent observed purchase recorded in April 2025.

Where is RICHNECK DEVELOPMENT INC active?

Recorded activity is concentrated in Virginia Beach-Chesapeake-Norfolk, VA-NC, with footprint across 1 state and 1 metro in this dataset.

How is associated activity determined?

SFR Analytics matches recorded deeds, mortgages, and assessor records across counties to assemble investor-level activity profiles. Matches use name normalization, address co-occurrence, and entity signals from public records. Profiles are directional - they reflect what is observable in deed-backed data and may not capture every off-record transaction or affiliated entity.

Data sources & methodology

Information on this page is compiled from recorded real estate documents (deeds and mortgages), assessor records, and other lawfully available public sources. SFR Analytics summarizes and analyzes public-record activity related to investment real estate and associated business entities. Any contact indicators surfaced via the SFR Analytics application are derived from the same public sources and may be incomplete or outdated. Profiles are directional evidence, not legal or tax advice.

Deed-backed data for Virginia Beach-Chesapeake-Norfolk, VA-NC · Updated regularly · Free trial available

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