V2 Properties Newsletter Volume 10, Issue 4

April 2020
Exponential Insights

Properties At A Glance

  • 3
    Currently Under Contract
  • 21
    Awaiting Building Permits
  • 7
    Sold In Last 30 days
  • 1
    Scheduled To Sell In Next 30 days

We will Prevail & Overcome Together

As I prepared to write this opening I came across a quote from none other than Albert Einstein which I thought was the appropriate way to open up the newsletter:

"In the middle of difficulty lies opportunity"

There has never been, in my lifetime anyway, a more difficult time to navigate the challenges of everyday life. Who would have ever thought it would require thought as to which way you can walk down an isle in a grocery store or even standing single file at least six feet apart as you go through the checkout line.

For the past month V2 Properties have made the best out of a bad situation. While we are not actively building houses at the moment we are taking this time to make process improvements, reevaluate our technology strategy, & expand our subcontractor capacity. We are taking this time to position ourselves so that as soon as we can get back to building and selling houses we are in the best position possible. We are the leader in the markets where we build. We are confident that we will maneuver our way out of these extremely challenging times. We are committed to protecting your hard earned investments in the same manner as we always have and need you to have faith in us now more than ever. I will not let you down.

The additional time over the past thirty days has also given us the opportunity to talk to some of our investors as well as lending partners to reassure them we are in a great position to hit the ground running as soon as the doors to the economy swing open again.

We are still selling houses, since March 9th we have put five houses under contract and leased one of our rental units. In addition, we are scheduled to settle on seven more properties by the end of April.

Please note: These comments focus on the difficulty of running a business during these challenging times. We realize that NOTHING can compare to the difficulties facing our health care providers and those patients battling this horrible virus.

Vince Viney, Founder & President

Press links

Featured project: 2318 E. Fletcher Street

Neighborhood

Fishtown

Listing Price

$570,000

Features

  • 9’ ceilings in master
  • 8’ ceilings in basement
  • 9’ ceilings in main living area
  • Upgraded wide trim package
  • Technology package
  • Tax abatement
  • Tiled kitchen backsplash
  • Upgraded lever style interior door knobs
  • Kitchen island
  • Kitchen undercabinet lighting
  • High energy efficient HVAC system
  • Quartz Counter Tops in Kitchen
  • Wet bar
  • Premium wood laminate floors throughout
  • Gas hot water heater
  • Full finished basement
  • Pre-wired sound system on roof deck
  • Fiberglass roof deck
  • Brick façade
  • Fenced rear yard
  • Ceiling fans in all bedrooms
  • Master bedroom trey ceiling with ambient lighting
  • Beds
  • Baths
  • Frameless shower door in master bath
  • Bath tub
  • Double vanity in master bath room
  • Optional 4th bedroom / recreational room
  • Laundry room
  • Gas fired heating system

Description

2,796 sq. ft. new construction home with approved 10-year tax abatement. Built by V2 Properties, Philadelphia’s Premier Home Builder. Some spectacular features include a rooftop deck with wet bar on the landing, rear yard, granite kitchen, hardwood floors throughout, great technology and more. Wide trim package through home, elegantly tiled baths, a full 3rd floor master suite spacious closets, and private spa-inspired bathroom. This home also has a finished lower level with tile flooring perfect for a 4th bedroom or 2nd living room. The front facade is brick with a designer standing seam metal sided accent panels and iron railing. The exquisite kitchen which has beautiful cabinets, granite counters, granite island with pendant lighting above, a tile backsplash and quality stainless steel appliances! All of the bathroom vanity counter-tops are granite or quartz. The master bedroom includes a trey ceiling with crown molding illuminated with accent lighting. Tech includes: built in speakers, video doorbell, nest thermostat, alarm system, and full home automation compatibility. Top quality new construction home at a very reasonable price, built by the city's premier home builder! Super low taxes. Also, Builder warranty included by a builder with proven reputation of standing behind their warranty!!

Where Are Our Projects

0
In the Pipeline
1
Phase 1 - Foundation & Framing
2
Phase 2 - Mechanicals & Insulation
3
Phase 3 - Final Finishes
4
On the Market
4
Under Contract

Phase 1

Phase 2

Phase 3

Under Contract

On The Market

In The Pipeline
V2prop.com