31 Barron Rd, Montgomery, NY

Investments

Investment Highlights

Transaction Value: 

Asset Class:

Representation:

  • Starting Date: 11/08/2021
  • All In Costs: $636,477 ($2.54 per buildable SF)  
  • Sale Profit: $2,500,000
  • Sale Date: 02/24/2022
  • Holding Period: 3 Months
  • Buildable SQ. Footage: 250,920
  • Asset type: Land / Industrial
  • ROI: 247%

Premium Capital Resources successfully secured a contract for this land parcel and diligently pursued the necessary entitlements for the approval to construct 250,920 square feet of industrial property. As we approached the final approval stages, we efficiently sold the property within four months, realizing a substantial profit of $2,500,000, resulting in an impressive return on investment of 247%.

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