Discover the future of urban living at 1737 Block West Grand Blvd in Detroit, a visionary development comprising four parcels measuring 50X200.
Utilizing cutting-edge technologies, we employ Form Based Code, Building Information Modeling, Property Management, Geographical Information Systems, and Computer Aided Drafting Design to ensure precision and efficiency in our development.
Over the course of 24 months, our meticulous timeline includes 3 months of planning, 6 months for permitting, 3 months of financing, 12 months for building, and a final 3 months for lease up, spanning from April 2023, Completion End of 2024.
Investors can participate in the project with an equity share of 37 shares at $10,000 each, offering a 5-year term with a competitive 12% Internal Rate of Return (IRR). Early exit options are available with a 4% discount penalty within the first 5 years. Transparent financial practices are maintained, including quarterly repayments.
1.131 million in funding from MHSDA (MI State Housing Development Authority)
With total land control, we can construct up to 36 units as needed.
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