V2 Properties Newsletter Volume 10, Issue 5

May 2020
Exponential Insights

Properties At A Glance

  • 7
    Currently Under Contract
  • 19
    Awaiting Building Permits
  • 5
    Sold In Last 30 days
  • 0
    Scheduled To Sell In Next 30 days

V2 Properties is Building Again!

As soon as Pennsylvania Governor Tom Wolf announced construction could resume effective May 1st we immediately set plans in motion to get back to building homes in Philadelphia. We are following all guidelines for social distancing as well as posting the required guidelines in each of our houses for all of our contractors.

All of our General Contractors as well as the sub contractors have been busy over the past two weeks picking up where they left off prior to the shutdown. Since we resumed construction we have put four new homes on the market and we have another six new homes that will be on the market by the end of May.

We are in a great position to offer buyers a wide variety of new construction homes across the Philadelphia region. Our variety of new home options which offer some of the best values in the city combined with low interest rates put us in a great position to capitalize on a demand which we expect to significantly increase in June as soon as buyers are able to get out and view our inventory of homes.

We are cautiously optimistic as we get into early June the real estate market will take off and make up for lost time! Since April 11th, just over a month, we have put six homes under contract and leased one of our rental units. That’s certainly not a typical month of May for us, but not bad either, all things considered, I am sure there are a significant number of developers in the area that would be thrilled with those results.

There is no doubt, after speaking personally with many of you over the past sixty days that we have an amazing group of investors, I can’t THANK YOU enough for all the words of encouragement as well as your commitment to stick with V2 Properties during these challenging times. We will continue to make you proud to be part of the V2 Properties family. I sincerely appreciate all of your support.

Vince Viney, President & Founder

Press links

Featured project: 4741 Fowler Street

Neighborhood

Manayunk

Listing Price

$495,000

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
  • Premium wood laminate floors throughout
  • Gas hot water heater
  • Laundry room
  • 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
  • Full finished basement
  • Wet bar
  • Gas fired heating system

Description

2,850 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
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