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New Redington Beach, Fl Opportunity!

Jason Matthews
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5

This 2-house project consists of demolishing the existing structure and creating a new, modern structure. We are increasing the current property value from $750,000 to $3.5M on each project.

Luxury homes will be built and utilized as short-term and mid-term rentals featuring 5 bedrooms, 4 bathrooms, 2 living rooms, and 2 car internal garage.  These beach houses will feature a rooftop deck and pool.

  • Construction Period 6 – 7 Months
  • Equity Amount: $550,000 per property with an annual 20% return
  • Minimum investment $50,000
  • Land cost: $750,000
  • Construction cost: $1M per property
  • Return of capital Will be provided by the refinance of the construction loan at 75% LTV.
  • After Built Value for each property: $3.5M

NOTE: WE HAVE ALREADY RAISED $2,750,000 FOR 5 OTHER PROPERTIES JUST LIKE THIs! WE ARE IN DEMOLITION PROCESS AND GETTING READY TO START CONSTRUCTION.

 

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