The Urban Duo Project
Partnering Options
Private Lenders
Become a private money lender and earn fixed returns by funding our real estate projects. As a lender, you provide the capital, and we put it to work, managing the project from start to finish. You’ll enjoy a steady interest rate and the security of having your investment backed by real estate.
Joint Ventures
Join us in a joint venture and seize the opportunity to invest in our real estate projects. By combining your investment with our expertise, we can effectively share both the risks and rewards. You’ll receive our guidance at every step, as we collaborate and leverage each partner's strengths to maximize returns on every project.
Project Introduction
This exciting project entails new construction on two vacant lots in the heart of Sacramento, California. The plan involves constructing two modern 1,773 sq ft, two-story townhomes, each featuring 3 bedrooms, 2.5 bathrooms, a 1-car garage, a small backyard, and multiple balconies. The design will be contemporary, aligning with the latest townhome developments in the neighborhood.
Project Details
Purchase Price:
$300,000
Gap Funding Needed:
$170,000
Projected ARV:
$1,690,000 ($845,000 per unit)
Construction, Permits, Architects & Other Costs:
$771,000 (Financed through a seperate construction loan)
Interest Rate (To be paid to the gap PML):
12% Annualized (16,800) + 5% equity share, paid at sale of the properties
Note Duration:
14 Months
Comparables
Get More Details!
If you are interested in participating in this project, please call or email us for more information. Lots more details are available including a more detailed breakdown of the numbers, exact locations, appraisal, and pictures!