275 Turnpike Road — New Ipswich, NH

This Deal Is In Motion. One Position Remaining.
Value-Add Rehab | NNN Operator Lease | Independent Living
Backroad Development | Hillsborough County, Southern NH | Target Close: June 15, 2026

Where We Are Right Now.

✓ Purchase agreement executed
✓ Budget v3 approved — $351,800 construction
✓ NNN lease executed with A&S Property Management
✓ Stamped drawings imminent
✓ Construction lender engaged — RF Boston
✓ Building permit confirmed — straight rehab, no variance
What's left: Close. Build. Stabilize. Refi.

Why This Works

Land value entry at $145K — current as-is value is $366K before construction starts. Investors are secured against existing equity from day one.
Licensed GC self-performs the build. No third-party markup on $351,800 saves $51K–$65K in overhead that protects investor returns.
Operator already signed. A&S Property Management has executed a 5-year commercial NNN lease at $6,100/month. Day one cash flow is contracted — not projected.
Town-classified rehabilitation. Existing foundation retained. Straight building permit — no variance, no zoning risk.
Clean exit. Cash-out refinance at CO on a $900K ARV retires all construction financing and returns investor capital.

The Numbers

Purchase Price: $145,000
Construction Budget v3: $351,800
Soft Costs & Closing: $8,500
All-In Basis: $505,300
ARV (Lender Validated): $900,000
Equity at Stabilization: ~$395,000
NNN Rent — Year 1: $73,200 contracted

The Investment Position

$505,300 | 12% Annualized | 18-Month Term
Fixed return. Secured by real property. Paid at refi or end of term — whichever comes first.
This is the full development position — acquisition through Certificate of Occupancy. One position. This deal does not have room for multiple capital partners at this stage.
Not an offering of securities. For accredited investors only.