NEED PRIVATE MONEY!!!
- NEED PRIVATE MONEY!!!
Carlton E. Holloway Jr.
Our aim is to redevelop properties all ready acquire in the in the
Union Square neighborhood, and to buy property 30% below fair market
value. This project will start with 229 South Stricker St. This
property is a strategic one block away from homes that have sold for
over $100,000 in the pass 6 months. In the 200 block homes have been
sold for over $50,000 in the last 6 months. Because the title to this
property can be transferred easily, and because of the values it
boasts in that block it will yield the best return in the shortest
length of time.
Named for the charming and graceful park that lies at its center,
Union Square is an exceptional and diverse urban setting. Within its
borders the colorful and storied history of 19th and 20th century
Baltimore unfolds through distinctive architecture, historic markets,
local museums, and longtime residents. The neighborhood is home to
several art galleries, artist studios, and a bed and breakfast (The
1870 Guest House) that overlooks the square. An uncommon synergy
prevails in the neighborhood as residents, both long-standing and
newly arrived, work together through various committees and forums to
enhance the area's quality of life. Toward that end, Union Square is
also actively engaged in outreach with other nearby neighborhoods and
non-profit groups. It's near by B&O Railroad Museum, the birthplace
of railroading in America. Just blacks away from the Harbor, and
Camden Yard Baseball Stadium.
Types of Houses
On the Square and on nearby streets, spacious three-story Italianate
style row houses pre-dominate. Most are pre- and post- Civil War
Italianate in style, but there are many examples of Early Victorian
Greek Revival and Late Victorian Romanesque Revival. Many homes have
ten-to fourteen-foot ceilings, tall distinctive windows, wood floors,
and plaster walls. Exteriors are brick and mortar facades with
attractive cornices and marble steps. On side streets and alleys are
found still charming two-story and two-story-with-attic rows. House
prices range from $50,000 to $175,000. The 229 South Stricker street
property shares the quality of homes that exist in the neighborhood.
It is 4 stores, with 4 bedrooms, the back bedrooms give you a clear
view of the city and at night the Camden yard lights gleam the sky.
It's it proper state it will be a demand property in the future even
a it boosts relative demand now
The 200 block has had sells in the recent 6 months of $50,000 or
better. This gives us an approximate value of 229 South Stricker
street, the subject property. We need to generate $27,500 to pay-off
the present mortgage on the property. The mortgage holders have
agreed to settle the lien for 30% below the original loan. This will
give us the equity to refinance the home for 55% of the value. This
will give us $27,500.