Result: Mispriced Residential Market

Land Race: The Opportunity is Now

After this ADU craze fully catches on, prices will dramatically increase as awareness of development potential increases. We have a unique opportunity to acquire these properties now before homeowner awareness and prices jump.

[State] is looking to [Redacted] as a model for the state’s solution to the housing crisis. If [Redacted] succeeds, the entire state’s laws will soon follow to match.

Traditional homeowners assess their properties based on values from websites such as Redfin and Zillow, not realizing development potential

After this ADU craze fully catches on, prices will dramatically increase as awareness of development potential increases

We have a unique opportunity to acquire these properties now before homeowner awareness and prices jump

[State] is looking to [Redacted] as a model for the state’s solution to the housing crisis

If [Redacted] succeeds, the state’s laws will soon follow to match

"[Redacted] has embarked on a massive housing experiment and the region’s future may be riding on how it turns out."

- The [Redacted] Herald

Capitalizing on Low Development Basis

The new multifamily development potential has not been priced into the single family market. GS Capital will acquire sites at existing residential valuations and add units under the new regulations.

GS Capital Fund I - Sample Properties in Escrow

555 Sample St

Purchased price
$650,000
Units
7
Total projected cost
$1,650,000
Return on cost
93.94%
Projected sale price
$3,200,000
Projected profit
$1,550,000

321 Grant St

Purchased price
$530,000
Units
76
Total projected cost
$12,660,000
Return on cost
123.54%
Projected sale price
$28,300,000
Projected profit
$15,640,000

442 Bouligny Ave

Purchased price
$4,635,000
Units
122
Total projected cost
$26,790,000
Return on cost
135.16%
Projected sale price
$63,000,000
Projected profit
$36,120,000

Target Portfolio Acquisitions

Through our lead gen process, we expect to acquire 5-10 development sites per month with density potentials ranging from 5 units up to 150+ units.

Fund 1 Anticipated Development Projects

Property Address
# of Units
Year
Exit Strategy
Total Capital Request
1234 Ocean View Dr, Cit, ST
39
2023
Development
$1,953,052
1234 Ocean View Dr, Cit, ST
30
2023
Development
$1,569,200
1234 Ocean View Dr, Cit, ST
17
2023
Development
$1,227,309
1234 Ocean View Dr, Cit, ST
40
2023
Development
$2,200,706
1234 Ocean View Dr, Cit, ST
12
2023
Development
$10,000,000
1234 Ocean View Dr, Cit, ST
10
2023
Development
$800,000
1234 Ocean View Dr, Cit, ST
11
2023
Development
$808,686
1234 Ocean View Dr, Cit, ST
13
2023
Development
$796,143
1234 Ocean View Dr, Cit, ST
107
2023
Development
$5,000,000
1234 Ocean View Dr, Cit, ST
42
2023
Development
$2,000,000
1234 Ocean View Dr, Cit, ST
12
2023
Development
$667,912