42 unit "broken" condo project.
Project construction completed and 42 units sold in a 90 day period, generating 20%+ IRR.
Distressed, partially completed project required final construction completion and sales of units during worst condo downturn in 30 years.
ICO could partner with Ivory Homes to access Ivory Homes’ sales force to market and sell the project, even in a severe market downturn.
ICO Companies Office:
3401 N. Center St. Suite 300 Lehi, UT 84043
The ICO Companies, a sister company to Ivory Homes, Utah’s Largest Homebuilder for 31 years.