Broward County 2, Florida

Successful exit

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Broward County 2, Florida 2017-09-15T15:47:21+00:00

Project Description

Acquisition, renovation and sale of 3 forelcosed properties, with acquisition prices significantly below market value.

11731 NW 27 St., Plantation| 590 NW 97 Ave., Plantation | 6951 SW 9 ST., Pembroke Pines, Florida, USA

Year launched

2012

Equity raised

$1,290,000

Expected duration

24 Months

Actual duration

42 Months

Achieved annual return

6.60%

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

Broward County is the second largest count in Florida, and the 18th largest in the U.S., with a population of roughly 19 million people. The headquarters of several large corporations reside in the county, which also has an international airport and major interstate highways.

About the developer

David Sinbela is an experienced, successful real estate agent in South East Florida who has won many awards and recognitions during his tenure with Remax.

The opportunity

Acquisition, renovation and sale of 3 forelcosed properties, with acquisition prices significantly below market value.

Other projects by the developer