Charlotte, NC Triplex New Development Closed and Construction Underway!
We recently closed on a land acquisition for a side-by-side triplex townhome development, with projected sales exceeding $1.1M upon completion. Permits are being finalized and construction is set to begin in mid-June, with the opportunity now fully subscribed.
2 mins read | June 2026
We just closed on this land deal 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 June. We are targeting a 8-12 month timeline 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.
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