Charlotte, NC Triplex New Development Closed and Construction Underway!
A side-by-side triplex townhome development is underway, with permitting in progress and construction scheduled to begin soon. Once complete, each townhome will be sold individually, and the project is fully subscribed through our investor network.
2 mins read | July 2026
We closed on this land deal in late May where we plan to build a side-by-side triplex townhome development and sell each unit individually. The land was purchased for $75,000, construction is expected to cost around $660,000 ($220k per unit), and projected sales come in around $1,110,000 ($370k per unit). We are currently finalizing permits and will break ground mid July. We are targeting a 8-12 month timeline from our closing date to build and exit for a very healthy profit here. This opportunity is currently fully subscribed. Thank you to all our passive investing partners!
Written by Hammerhead Capital Inc.
