BRECKENRIDGE SUBDIVISION INVESMENT Ray Thorington Road

Montgomery, AL

THE OFFERING: This is a rare opportunity for an existing residential subdivision investment with very strong cash returns. This subdivision consists of some existing lots in several phases and excess land for development. Engineered plans and plats are in place along with a beautiful clubhouse and amenities. Start selling lots and building houses today!

Close to 20 lots sold in the last 14 months! SITE SIZE: 30 single family lots 93.3 acres of excess land (60 are developable) (Propose- 157 lots) ZONE: PUD LOT WIDTH: 55’ 65’ 75’ 85’

PRICE: REDUCED AGAIN!!! $1,750,000 ($25, 000/ Lot and $15,400/ acre of developable excess land)

COMMENTS: Many competing subdivisions in the area are finishing their final phases and there are very few

other subdivisions that offer wide 85’ -100’ lots. (Lochshire is complete, Providence is almost complete, Deer Creek is almost complete).

Over $9,500,000 in Current and Future Lot Sales

OTHER: HOA Documents, Architectural Review Guidelines, Plats and Plat Covenants available on Request. Goodwyn, Mills and Cawood has preliminary plan for development for excess land. CONTACT: Josh Hall @ (334) 549-2850 or josh@johnhallco.com

STRENGTHS AND OPPORTUNITIES

• This is a developed subdivision with all turn lanes, utilities, entrance and amenities in place.

• The location is in East Montgomery, near new schools including New Park High School. It is close to a YMCA

and city ballfields.

• The cash flow returns on anticipated future projections they are exceptionally strong.

• There is room for expansion on existing land, increasing long term potential returns.

• Located in the path of growth.

• Building permits have been increasing since recession.

• Good opportunity for individual builders to build as many subdivisions are exclusive.

• Many competing subdivisions are in their final phase.

• Many analysts believe homebuilding will be a strong sector in coming years.

• National Association of Homebuilders predicts a 27% increase in home starts in 2016 10/22/15 article.

• Rising apartment rents turning renters into buyers. (Montgomery Costar reports Montgomery rents have

increased from an average $660 per unit to $725 per unit since 2011.)

• Pent up demand for Millennials launching late as 1st time homebuyers.

• Excess land priced competitively.

PROPERTY

Proposed Plan with Excess Developable