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Updated almost 9 years ago on . Most recent reply
Rare Pre-Construction Duplex in Vineyard (Orem) Utah
Pre-construction townhouse in one of our best developments to date. You could buy an old resale duplex but who knows how many hidden problems there could be. Our pre-construction offerings are sold at wholesale pricing so you pick up $50k in equity from start to finish of construction on this unit. I will run a 7.3% cap rate upon completion next year. That includes our 7% management fee and allows for vacancy.
Totally turn key. All you have to do is buy it, turn it over to our management team when it's done, and then you have the added burden of cashing your $800 positive cash flow check each month.
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