Updated about 9 years ago on . Most recent reply
Latest New Construction Spec Development Deal in Charlotte, NC
Below are photos of our latest speculative development deal. This was a parcel I purchased for 250k in Charlotte, North Carolina. I was able to subdivide into 2 separate lots (one of which further approved to have a 2 unit building on). In essence, I got 3 for sale units in a hot neighborhood I like to build in, and this was my first time attempting townhomes. We sold the 2,200 sq ft house for 570k. The 2 townhomes (around 1850 sq ft each) sold for 454,000 and 447,500. When we designed the 2- unit building, I really wanted an asymmetrical feel to it so it didn't look like a duplex. Learned a ton in the process!! Interior pics are of one of the townhomes staged below.
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Wow! Nice I am curious for up and coming developments I Charlotte, how do you get ahead of the curve and claim your stake on them before they are built? Bryan A.