The story
Developed in a community undergoing revitalization, this ground-up 16 unit townhome development provided buyers with modern conveniences, access to mass transportation and many nightlife amenities. This project spearheaded neighborhood change with new development on a previously vacant lot and demolition of a dilapidated structure. The all brick construction and architecturally appealing design made the development of interest to many prospective purchasers. This project was completed when financing was tight, and the hold time was longer than expected. However through creative deal making, ultimately a 36% return on investment was made over the course of the project.
The Details
- Aquisition Price: $605,000
- Amount Invested: $3,595,000
- Total Investment: $4,100,000
- Sale Price / Value: $5,680,000
- Profit: $1,480,000
- Total Return on Investment: 36%
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© 2023 - Streamline Capital Group, LLC | RISK DISCLOSURE: Streamline Capital Group LLC and its affiliates (“SCG”) are not investment advisors and make no investment recommendations, and no communication through this website or any other medium should be construed as such. Investment opportunities presented on this site are private placements of securities that are NOT publicly traded, are subject to holding period requirements, and are intended for investors who do NOT need a liquid investment. Private placement investments are NOT insured by the FDIC or any other federal government agency, are NOT guaranteed by SCG, and may lose some or all of their value. Neither the Securities and Exchange Commission nor any other federal or state regulatory authority has reviewed or approved the accuracy or completeness of any of the information or materials provided by or through the website. Any financial returns shown on the website are not guarantees of future results, and any projections are estimated predictions only. Nothing on this website is an offer, or solicitation of offers to buy, securities. When considering a specific investment opportunity offered by SCG, investors should conduct their own due diligence and not rely on the financial assumptions or estimates displayed on this website, and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associate with any investment opportunity.