Bought single family home for $305,000
Designed and permitted duplex ADU in 2 months
Renovated existing primary home
Built duplex ADU
Sold (by owner) entire property after 14 months for $940,000
Cost of development was $775,000
Profit of the development was $165,000
904 South East Street Raleigh, NC 27601
This development was a single family home originally then developed into a triplex. From acquisition to sale, it took 14 months. Below are the details of the deal:
We license the Duplex ADU plan to homeowners and General Contractors in Raleigh so that they have a pre-approved design that is budgeted and has NC stamped engineering. This design is the biggest possible ADU you can build in Raleigh. Each unit has 2 beds/2 baths and 800 sq ft per unit.



















