V2 Properties Newsletter Volume 12, Issue 2

February 2022
Exponential Insights

Properties At A Glance

  • 7
    Currently Under Contract
  • 19
    Awaiting Building Permits
  • 4
    Sold In Last 30 days
  • 0
    Scheduled To Sell In Next 30 days

Getting Stronger Every Year!

We are looking forward to the challenges and rewards the new year will bring, we continue to sell houses and we have a solid base of homes already under contract and scheduled to close (or already closed) in February and March —which are traditionally slow months for the real estate market. In addition to selling homes, we are building and finishing homes, getting them ready for the spring market. Between now and the end of March we will have 29 new homes on the market in Philly and Ocean City!

It’s hard to believe but we are already halfway through the first quarter of 2022. With our January newsletter we highlighted our results from 2021 which were very good. This month we wanted to share our goals for the upcoming year:

Key 2022 Metrics

  • 120 Homes in process/sold in Philadelphia & Jersey Shore
  • Sell & Settle on 75 homes
  • $50M in Sales Revenue.
  • $4.5M in Earnings (EBIT) (41% growth)
  • 12% ROI (32% improvement)
  • 35% YOY REV Growth

100% of Projects Yield Full Investor Profit!

The future, 2022 and beyond looks bright for V2 Properties. Our growth over the past 10 years has been nothing short of amazing and we can’t wait to see what the next 10 years has in store for this company that just gets stronger everyday.

Vince Viney, Founder & President

Featured project: 1903 N. Philip Street

Neighborhood

West Kensington

Listing Price

$450,000

Features

  • Upgraded wide trim package
  • Technology package
  • Tax abatement
  • Premium wood laminate floors throughout
  • Upgraded lever style interior door knobs
  • Gas fired heating system
  • Tiled kitchen backsplash
  • High energy efficient HVAC system
  • Single Family
  • Kitchen island
  • Kitchen undercabinet lighting
  • 9’ ceilings in main living area
  • Quartz Counter Tops in Kitchen
  • Gas hot water heater
  • 8’ ceilings in basement
  • Laundry room
  • Pre-wired sound system on roof deck
  • Fiberglass roof deck
  • Fenced rear yard
  • 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
  • Optional 4th bedroom / recreational room
  • Full finished basement
  • Wet bar
  • 9’ ceilings in master

Description

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, premium Mohawk / Revco or Aquaguard flooring , 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