Juniper Creek Townhomes

Investment Overview

Grant-Murray Real Estate is pleased to offer Juniper Creek Townhomes, a 22-home community under construction by Ben Stout Construction and available as a single forward purchase for $6,000,000, or approximately $272,727 per home. Anticipated for delivery in 2027, Phase 1 comprises three two-story buildings of seven, seven and eight homes on 5.465 acres, with each residence delivered new and vacant upon issuance of its certificate of occupancy. Each three-bedroom, two-and-a-half-bath home offers approximately 1,550–1,560 heated square feet, a one-car attached garage, a front porch, a covered rear porch and exterior storage. Open kitchen, dining and family room layouts complement upstairs bedrooms with walk-in closets and primary suites with sitting areas and dual-vanity baths, while board-and-batten and lap-siding exteriors create a cohesive residential character. Every home occupies its own platted fee-simple lot fronting the new public street, Odessa Drive, giving investors the flexibility to hold the community as a rental portfolio, sell homes individually or pursue a partial sell-down. Phased building takedowns of eight, seven and seven homes are available, and vacant delivery allows the purchaser to establish its own leasing, management and rent strategy. The offering’s pro forma projects approximately $312,950 in stabilized Year 1 net operating income, based on projected rental revenue and estimated ownership expenses.

Investment Highlights

• 22 new townhomes; anticipated 2027 delivery.
• $6,000,000 offering; approximately $272,727 per home.
• Three bedrooms, garages and covered rear porches.
• Individual fee-simple lots support flexible exit strategies.
• Projected stabilized Year 1 NOI: approximately $312,950.
• Near Betsy Johnson Hospital and I-95.