10th & Shelby South

Welcome to 10th & Shelby South, where the numbers tell a story of opportunity and innovation. We've got a captivating vision: 12 stylish short-term rental units and 10 luxurious single-family homes. The existing equity, a solid $4.15 million minus $750,000 in debt, equals a promising $2.85 million.

Our prime location boasts three properties, including two homes at 513 & 515 S 10th St, right across from a bustling commercial mixed-use corner at 918 Shelby Ave. The blueprint is exciting: 2 custom homes at 5,400 sq ft, 2 at 4,500 sq ft, 4 custom brownstones at 3,750 sq ft, and 2 more at 3,500 sq ft.

Construction and site costs are meticulously calculated, with a 10% contingency. The land, 918 Shelby Avenue, presents substantial equity, and development land valuation stands at $5,850,000. The plan? An infill development co-built with Landon Development, featuring 4 detached single-family homes, 6 brownstones, and a 10-unit short-term rental/commercial bed & breakfast.

Our total market value projection is an impressive $6,750,000, and the net profit from this endeavor is a staggering $6,836,250, including a charming 10-unit boutique hotel and café/bar.

Intrigued? Join us at 10th & Shelby South, where numbers meet vision, and opportunity awaits.