Sycamore Trails Winston Salem, NC
$10,000
Minimum Investment
18 Mon
Investment Period
1.5x
MOIC
33%
Return on Investment
Development Highlights
Homevest’s Sycamore Trail development in Winston-Salem is a collaborative venture with TrueHomes, the largest private builder in the Carolinas. Leveraging TrueHomes’ successful “Build on Your Lot” program, Homevest is developing a 27-unit townhome community at 1460 Old Salisbury Road. Homevest is responsible for securing investors and structuring the financial aspects of the deal, while TrueHomes manages engineering, permitting, land preparation, and construction.
3
Bedrooms
1,906
Square Feet
2.5
Bathrooms
$325,000
Projected Sale Price
Townhome Floorplans
First Floor
Second Floor
Sycamore Trails Location
Sycamore Trails Roadmap
Winston Salem, NC
4.8%
5-YR Population Growth
252,000
Total Population
35.2
Average Age
Frequently Asked Questions
Read the latest property how-to guides, and information and tips for buying, selling, investing and renting.
We expect to sell the homes within a few months of completion.
TrueHomes recently sold over 30 similar units 2 miles away for over $320,000 per unit.
In addition to already being zoned for multifamily, the property is conveniently located to nearby shops and just a few minutes from downtown Winston Salem.
We plan to sell most of the units but will consider keeping some as rental properties, as demand for these types of units in this area is high.