Investment Opportunity Closed
This new project located at 84-810 Farrington Hwy, in Makaha includes two existing homes on the property in need of major repairs. The existing homes sit on 23,525 square feet of Residential-5 (R-5) zoned flat land, allowing us the opportunity to develop and sell a total of 4 homes and utilize this property to its best and highest use. The properties will be divided (CPR’d) and resold at a predicted market value between $450,000 & $499,900 each. Giving us 4 separate properties to resale at a conservative after repair value of $1,900,000.
- Purchase Price: $460,000
- Acquisition Date: June 20th, 2016
- Construction Budget: $722,000
- After Repair Value: $1,900,000
- Current Status: In Progress
Please contact us for a full detailed description & summary if you are interested in investing with us on this project or future projects.