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.
- 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
We also have debt options—– Contact us to learn more! deals@teamabv.com
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NOTE: The Redington Beach Redevelopment Project is under construction and growing! We are currently building five 4,000sqft homes simultaneously. You can still be a part of this amazing project!
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