V2 Properties Newsletter Volume 12, Issue 1

January 2022
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

Another Outstanding Year The 8th annual V2 Properties ‘Say Thanks’ event was held on Saturday January 8th. It was another amazing night with more almost 90 people attending, all things considered it was a fantastic turnout! One of the highlights of the night was the annual presentation focusing on our results in 2021 and a look forward to our goals in 2022. See some of our 2021 results below.

There is so much to be excited about as a new year gets underway, every year presents new opportunities and we are already in a great position for the upcoming 2022 spring real estate market.

While we are excited about the new year, we will share our 2022 goals in our February newsletter, let’s take a look back at just a few of our significant accomplishments in 2021:

  • Warranty department reinvented for a more consistent customer experience

  • Built an “end to end” project management tracking automation platform via Smartsheets Technology

  • Significant growth along the Jersey shore. Expanding relationships in Longport, Margate, Ventnor and Brigantine.

  • Renting space for commercial store front in Ocean City, NJ and ultimately purchasing a commercial store front on West Avenue in Ocean City, NJ

Key 2021 Metrics

  • 174 homes sold / in process in Philadelphia. Target was 165 homes

  • Sold & Settled 89 homes. Target was 80 homes

  • $37.3 MM in Sales Revenue. Target was $35 MM in Sales Revenue

  • $2,198,603 investor profit which was a 32% increase over 2020

  • Our most important 2021 Metric: 100% of projects yielded full investor profit!!!

Vince Viney, Founder & CEO

Press links

Featured project: 701 Ivins Road

Neighborhood

Roxborough

Listing Price

$799,000

Features

  • Upgraded lever style interior door knobs
  • Parking off-street
  • Parking off-street with attached garage
  • Gas fired heating system
  • Gas hot water heater
  • High energy efficient HVAC system
  • Tiled kitchen backsplash
  • Farmhouse style sink
  • Kitchen island
  • Kitchen undercabinet lighting
  • Premium wood laminate floors throughout
  • Quartz Counter Tops in Kitchen
  • Single Family
  • Tax abatement
  • Laundry room
  • Upgraded wide trim package
  • 9’ ceilings in main living area
  • 8’ ceilings in basement
  • 9’ ceilings in master
  • Brick façade
  • Ceiling fans in all bedrooms
  • Master bedroom trey ceiling with ambient lighting
  • Beds
  • Double vanity in master bath room
  • Frameless shower door in master bath
  • Bath tub
  • Baths
  • Full finished basement
  • Wet bar
  • Technology package

Description

Our featured property this month is 701 Ivins Road which is located in the Roxborough section of Philadelphia. This is not a ‘typical’ V2 Properties build, this amazing home has a two car garage and plenty of yard space. The home has approximately 3,300 square feet of living space with a beautiful, spacious kitchen and a living area with a fireplace. The four bedrooms are large and the home has a finished basement with a bathroom. There is also a great technology package with built in speakers, video doorbell and alarm system. This is one of the most beautiful homes we have built and won’t be on the market for long.

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