This project consists of demolishing the existing structure and creating a new, modern structure. We are increasing the current property value from $600,000 to $2.5M on each project.
- Construction Period 6 – 7 Months
- Equity Amount: $400,000 per property with an annual 20% return
- Land cost: $600,000
- Construction cost: $650,000 per property
- Return of capital Will be provided by the refinance of the construction loan at 75% LTV.
- After Built Value for each property: $2.5M
NOTE: The Redington Beach Redevelopment Project is already under construction and growing! We are currently building 4,000sqft homes. You can still be a part of this amazing project!
Would you please send me the details, what’s the minimum amount to be invested?
Good Morning, $50,000 is the minimum. Please let me know if you have any additional questions. Thanks
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