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 :20% annual return
- Mezzanine Debt/Loan: 15% annual 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
- Minimum investment $50,000
FOLLOW US ON IG TO KEEP UP WITH OUR PROJECT’S UPDATES ——> JasonMatthewsREInvestor
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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