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Pink Development and Construction
Agent
0.0 star
2 Reviews
Markets served
Whitehall, OH
Reynoldsburg, OH
Worthington, OH
Powell, OH
Blacklick, OH
Gahanna, OH
Upper Arlington, OH
Grove City, OH
Groveport, OH
Newark, OH
Plain City, OH
Lewis Center, OH
Westerville, OH
Hilltop, OH
Dublin, OH
Delaware, OH
Columbus, OH
About us
I am thrilled to share with you an exciting opportunity that has been in the works over the past eight weeks – the development of a strategically designed floorplan named "The Lillian." After extensive research and market analysis, we've crafted a floorplan that not only caters to the current demand for rental properties but also positions itself as an ideal spec home for resale. Our target market includes investors looking to capitalize on the growing demand for homes between 700-1300 square feet, a niche that has shown promising returns. Here's a snapshot of what we've been working on: Market Research and Design: Our team has diligently studied the market trends, incorporating a linear regression model to identify the sweet spot for a floorplan that optimizes both rental potential and resale value. Strategic Partnerships: To enhance the success of this venture, we are open to collaborative partnerships with other builders. Whether you're an experienced builder or just starting out, we believe in the power of combining different skill sets for mutual success. Financial Projections: We have conducted a thorough underwriting, providing detailed insights into Internal Rate of Return (IRR), returns, leveraged returns, and more. Attached, you'll find our comprehensive financial analysis outlining the potential for maximizing equity and achieving substantial returns. Construction Cost Target: With a target construction cost set at 75% of the appraised value, we are currently working with national vendors to finalize finish schedules. Our goal is to bring the cost below $284,619.60, ensuring a profitable venture for all involved. The first groundbreaking for "The Lillian" is scheduled for January 2024, and we are actively seeking investors interested in breaking ground in either Q1 or Q2 of 2024. If you have any questions or would like to discuss this opportunity further, please feel free to reach out. We believe that this project not only offers a solid investment opportunity but also contributes to the growth of our community. Attached is a detailed business plan, and we look forward to building houses and partnerships throughout 2024. Thank you for considering this exciting venture with us. We look forward to the possibility of working together and creating something truly impactful. Please reach out via phone or email if you want to learn more about any of the supporting documentation to this journey or explore what this could look like.
Specialties
Other Agents
Commercial
Residential
Reviews (2)
0.0 star
2 Reviews
0.0 star
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0.0 star
2 Reviews
![reviewer image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1428009/1621512205-avatar-danielj226.jpg?twic=v1/output=image&v=2)
about 2 months ago
Reviewed by
Daniel Judge
Very investor-friendly realtor with deep knowledge of the Columbus area, including neighborhood by neighborhood analysis. Be sure to check out Robert's posts on BP and you'll get a good flavor for how he can help you with your investment goals.
![reviewer image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/198668/1621432650-avatar-captain3d.jpg?twic=v1/output=image&v=2)
about 2 months ago
Reviewed by
Phil Mcnally
I connect with Rob Ellis in 2017, through Biggerpockets, when I was looking to buy some buy and hold rentals in Columbus. I live in California. I liked Rob's direct, no nonsense approach, range of ideas and 'make it happen' attitude.
I travelled to Columbus to meet face to face and see the different areas and properties Rob had in mind and was not disappointed. By early 2018 we had acquired 20 units in five fourplex properties with Rob's help and they have been performing well from the start. Exactly what I was looking for.
If I had more money I would not hesitate to go back to Rob.
phil mcnally
![reviewer image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1428009/1621512205-avatar-danielj226.jpg?twic=v1/output=image&v=2)
about 2 months ago
Reviewed by
Daniel Judge
Very investor-friendly realtor with deep knowledge of the Columbus area, including neighborhood by neighborhood analysis. Be sure to check out Robert's posts on BP and you'll get a good flavor for how he can help you with your investment goals.
![reviewer image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/198668/1621432650-avatar-captain3d.jpg?twic=v1/output=image&v=2)
about 2 months ago
Reviewed by
Phil Mcnally
I connect with Rob Ellis in 2017, through Biggerpockets, when I was looking to buy some buy and hold rentals in Columbus. I live in California. I liked Rob's direct, no nonsense approach, range of ideas and 'make it happen' attitude.
I travelled to Columbus to meet face to face and see the different areas and properties Rob had in mind and was not disappointed. By early 2018 we had acquired 20 units in five fourplex properties with Rob's help and they have been performing well from the start. Exactly what I was looking for.
If I had more money I would not hesitate to go back to Rob.
phil mcnally