Address
304 North Cardinal St.
Dorchester Center, MA 02124
Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
We specialize in acquiring and renovating distressed residential properties, focusing primarily on opportunities that allow us to purchase at significantly low price points.
We have direct access to distressed properties through our extensive network of banks, private sellers, and attorneys, which allows us to acquire properties without the need for bidding.
Investors benefit from our experienced management team, unlimited access to distressed properties, ability to secure properties at low costs, and strategic partnerships that enhance profitability.
We skillfully develop projects to increase property value significantly, leveraging our solid vendor relationships to purchase materials in bulk and reduce costs.
We employ strategies such as securing exit buyers during the pre-development stages and marketing projects on multiple platforms simultaneously to ensure rapid sales and optimal exposure.
Our strategic approach includes securing pre-construction contracts and buyers while under development, which helps manage risk and ensure project viability.
Yes, we can change the Comparative Market Analysis (CMA) value in any neighborhood, which helps in optimizing investment returns based on real-time market conditions.
Our business model is completely scalable and allows us to increase the rate of return on investment over time by adapting to changing market demands.
Project Overview: North Park Ventures identified a unique value-add opportunity in the heart of Miami Beach’s highly sought-after Art Deco District with the acquisition of two garden-style apartment buildings at 1035 9th St and 1044 Pennsylvania Ave. These properties, purchased in a strategic move to capitalize on the area’s restricted supply and growing demand, consist of 38 units and offer significant potential for rent increases and value appreciation.
Objective: The primary goal was to enhance the property value through targeted renovations and reposition the assets to attract a higher-paying tenant base, leveraging the location’s strong demand for quality rental units.
Execution and Highlights:
Results:
The redevelopment of 1035 9th St and 1044 Pennsylvania Ave stands as a testament to North Park Ventures' strategic foresight and expertise in transforming undervalued properties into high-performing assets. This project not only delivered substantial financial returns but also improved the quality of housing available in Miami Beach’s Art Deco District, aligning with broader community revitalization efforts.
For detailed information about this project, please download our NPV for this project using the link below.
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