Newsletter Volume 12, Issue 5
Properties At A Glance
Let summer begin! With Memorial Day weekend right around the corner, we would like to take this opportunity to say thank you to those service men and women that have made the ultimate sacrifice for us and our freedom.
Ocean City - As some in the industry predict the market may start to “cool down”, V2 Properties is heating up! Ocean City now has 9 homes currently under contract and we are actively looking for single-family homesites to purchase in Ventnor, Brigantine, and Margate. This is an exciting time for V2 Properties - We can’t wait to see what this summer has in store for us!
Philadelphia - As Philadelphia rebounds from the COVID-19 pandemic and housing prices increase, demand for residential rental space has spiked. With limited inventory and mortgage rates rising more people are opting to rent instead. This is great news for V2 as we have finished 7 Duplexes and one 5-Unit building so far this year and are on track to finish 8 more buildings with a total of 25 rental units over the next 60 days. That’s 44 rental units delivered and on the market in the first half of 2022!
As the city’s economy and job market begins to grow again, Philly continues to create opportunities for first-time homebuyers. The “Philly First Home” Grant Program is a unique vehicle that first-time homebuyers in Philadelphia can utilize to purchase their first home. This grant will help make buying a home a reality for many Philadelphians, which is great news for the homebuyer looking to move into a beautiful V2 house.
V2 Properties is also celebrating 10 successful years of being in business this month. None of this would be possible without everyone on our team and our wonderful investors! Thank you all for your hard work and dedication.
Wishing you all a wonderful Memorial Day!
Vince Viney, Founder & President
Featured project: 2047 N. 9th Street, Units 1&2
This month we are featuring one of our newly finished apartment buildings in Philadelphia! 2047 N. 9th Street features two units that are ready to be rented! Each unit has their own washer and dryer, open concept living/kitchen, with lots of cabinet space, quartz countertops and top-quality appliances. Tenants will enjoy beautiful natural lighting from oversized windows, fenced in backyard, and a private rooftop deck with a stunning view of the city! Just a short distance away from Temple, these units are perfect for students! On top of all these amazing features, these units come with top-notch technology add-ons like surround sound built in speaker system, alarm system, and smart thermostat!
Where Are Our Projects
0In the Pipeline
1Phase 1 - Foundation & Framing
2Phase 2 - Mechanicals & Insulation
3Phase 3 - Final Finishes
4On the Market
On The Market
In The Pipeline