Amount needed to fund project
$450,000
Project value after completion
$3,000,000
Funding Deadline
January 10, 2018
Payout to investors
12% Annually
Project start date
January 10, 2018
Payout intervals
1% Monthly, No Servicing Fees
Anticipated completion date
December 31, 2018
This project was completed on
December 31, 2018
About this project
Peyton Crossing is an in-fill project located on the southwest corner of Orem, Utah. This area is already experiencing tremendous growth and now has the new 5A Provo High School less than 2 miles away. An increased demand for first-time home buyers is fueling this market and has created a massive demand for residential properties.
Current property use: To date, the land has been used for farming exclusively. This project is unique for several reasons: -a conservation easement directly to the east of the project will ensure a large piece of open space where new building will not be permitted. - the lay-out of this subdivision allows for 18 lots on a cul-de-sac. This creates an exclusive private feel without the expense normally associated with private sub-divisions. -this is the last in-fill piece on this road east of Geneva road, with good soil tests and no ground water issues.
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