The Ukrainian Village property is a key element of our strategic acquisition plan, involving the adjacent property. With zoning board approval for lot subdivision, parking, set-back variances, and up-zoning from R3 to R4, 520 North Claremont stands as a free and clear buildable lot. Our goal is to design sustainable homes with LEED residential certification, incorporating features like spray foam insulation, triple-pane windows, and geothermal heat pumps. The floor plan prioritizes work-from-home needs, reflecting a growing trend. Enhanced by roof deck features and a deliberate indoor/outdoor design, we anticipate exceptional returns. A design-forward, sustainable home aligns seamlessly with our build-to-sell model, ensuring a perfect match for discerning investors.
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[ INVESTMENT SUMMARY ]
Purchase Price: $0 (included in UK Village ADU & UK Village 2 Flat acquisition)
Land Value: $500,000
Construction Budget: ~$800,000
ARV: ~$1,900,000
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[ SCOPE ]
Size: Two ~2,200 SQ. FT condos
Design: Duplex Up/Down with roof deck; 4 bed 3 bath
Net Zero: Geothermal Heat Pumps, sealed shell structure, triple pane windows,
Features: Smart home automations, heated stairs, heated sidewalk
Status: Design Development
