xhv8mzw7ge79waga35o97s2wbzpfr6 Multi-Project Update for FIG

295 W Center St, Suite A

Provo, UT 84601

(801) 758-8970

(Brokered by RE/MAX Equity & partners)


FIG DISCLAIMER: No investments are guaranteed to result in profits. Net operating income, cap rates, and internal rates of return are subject to fluctuation and may experience a wide range of change, including the potential for operating losses. Factors affecting investment returns include, without limitation, changes in interest rates, tenant vacancies and defaults, property management expenses, repair and maintenance costs, HOA expenses, litigation, insurance rates, and relative strength and weakness in the local and regional economy. Past performance is not a guarantee of future returns. FIG does not provide tax or legal advice, and none of the statements or information on our website or sales materials should be construed as tax or legal advice. All investors are encouraged to seek advice from their own tax and legal professionals. All estimated returns on investments in FIG projects are subject to change and may be significantly different from actual financial performance. FIG is a brand used for the purposes of marketing. FIG is not an actual company but is used to brand the investment strategy used by those marketed on this website. © 2020 FIG & RE/MAX Equity

Multi-Project Update for FIG

Easton Park in American Fork has seen dramatic changes to the common areas with topsoil currently being spread, the pathways marked out and mostly paved, and the box for the cities largest zipline (I'm pretty sure) all prepped. We expect the first tenants to start moving in October 1st and are ecstatic for the results of this community.

The landscaping of the turf is nearly complete at Tucker Row in Waters Edge and The Lochs has most of phase one near completion for construction and are focused on area stabilization in preparation of starting to turn units over to the property management group for rent. The Waters Edge HOA amenities have been committed to be started directly across the street with improvements being visible and nearing completion next Spring, 2018.

At The District at Valley Station in Heber City, UT the delay of the asphalt in our common areas that has been going on for several months with a subcontractor has been resolved and a new trade has been retained to complete the asphalt this week. The certificates of occupancy should all be complete and units "rent-ready" by the 14th. The landscaping is going in and the commercial spaces are already in negotiations as well with a great tenant in the SW Corner (to be announced upon contract).

The Payton's Quarry development in Herriman, UT has had a massive amount of wood framed up in the last month with 5 framing crews racing to the finish line. This project is poised for on time delivery and excellent results. The Overlook across the street now has comp sales on resale at $850,000. That's incredible ROI for our investors!

#realestateinvestments #UtahInvestments