BD Capital | Matawan, NJ
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Matawan, NJ

About This Project
  • Building: 55 + Condo Complex
  • Acquisition: $80,000
  • Construction: $30,000
  • Sale: $170,000
  • Project Return: 33%
  • Notes: Borrower acquired a well-maintained condo unit in a 55+ community where he was able to do quick interior cosmetic renovations. The project took four months from acquisition to sale. This project was one of our favorites due to the borrower’s proven track record in the market, quick turn-around, strong returns, and beautiful work.