Jean Dr. Raleigh , NC

Site Highlighted
• 3.34 Acres in the heart of North Raleigh
• 6 Lot yield
• 10 minutes from Raleigh/ Durham International Airport
• 5 minutes from Crabtree Valley Mall
• Great North Raleigh Location near Creedmoor / Lynn Intersection
• Near 0 supply of New Homes in this area.
• Purchase Price is

Project Summary:
Great Infill area with high demand, and near zero inventory, and comps to support $550k-$700k price point.

Development Summary:
This project is a 3.34 acre site comprised of 2 parcels with existing structures on each parcel. Development will included demolition of the existing structures, installation of storm drainage, installation of tree screening, installation of curb and gutter, and street pavement.
The following is a breakdown of expenses:

Investment Options

Option 1- Investor Funded acquisition and development

Monies are disbursed in a lump sum or drawn as progress payments. Interest accrues from distribution date. Grayson Dare repays principal and interest as individual lots are absorbed with construction loans on pre-sold homes. Investor secured with blanket Deed of Trust on project.

Option 2 – Lots are platted and sold to Investor(s). Principle and
Interest are accrued on a lot by lot basis. Grayson Dare develops
property. Grayson Dare re-purchases developed lots at agreed upon
price (principal and interest accrued). Lots are secured with Deed of
Trust, Grayson Dare provides a take down agreement for absorption rate.

Investment Horizon and Expected Returns

Option 1- Lump Sum / Draw Down

Option 2- Paper Lot Purchase

Questions? Just Ask!

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