Purchase Price

$10,000

Sales Price

$70,000

Gross Profits

$55,000

Duration

45 Days

Case Study

A vacant 1-acre lot located in a charming small town with a population of 6,766 and an average household income of $84,553. Originally zoned as C3, it was part of an older townhome community established in the early 2000s. Through strategic rezoning efforts, we successfully converted this lot to R6, paving the way for a proposed development of 6 townhomes.

Purchase Price

$475,000

Sales Price

$650,000

Gross Profits

$165,000

Duration

3 Weeks

Case Study

This single-family home had remained vacant for years, receiving minimal attention during that period. Situated on a street where property values exceeded $1.2M, comparable properties were closely aligned. We were able to draft architectural plans with full renderings for permitting. While the scope of work for our buyer was substantial, the potential return on investment made it a compelling opportunity.

Purchase Price

$330,000

Sales Price

$580,000

Gross Profits

$250,000

Duration

3 Months

Case Study

In this case study, there were 29 vacant lots, all zoned for single-family residences, situated within a well-established community governed by a homeowners association with no rental restrictions in place. This sought-after opportunity garnered bids from various builders, ultimately being acquired by a local builder at a profitable price point.

Purchase Price

$100,000

Sales Price

$145,000

Gross Profits

$45,000

Duration

4 Months

Case Study

In this case study, there were three vacant single-family flat lots, primed for ground-up construction. The seller had initially intended to develop these properties, but due to escalating construction costs, chose to sell. The team successfully facilitated the acquisition of these lots for our buyer which required financing and facilitating the drafting of a comprehensive set of architectural plans, ready for the permitting process.

Purchase Price

$5,000

Sales Price

$125,000

Gross Profits

$105,000

Duration

4 Months

Case Study

In this case study, the team acquired a tax deed from a landowner who believed she held ownership of the property. It was discovered that a quiet title action had never been initiated, preventing her from selling the property. Despite non-conformity issues, we performed the quite title action and successfully obtained a variance to reduce the setbacks and secured a building permit for a ground-up construction. Subsequently, the buyer promptly finalized the purchase upon approval of the permits.