(801) 407-6813

Huntington Condominiums

 

Location

Salt Lake City, UT

Investment Date

2010

 

Description

42 unit "broken" condo project.

 

Status / Results

Project construction completed and 42 units sold in a 90 day period, generating 20%+ IRR.

 

Oppurtunity

Distressed, partially completed project required final construction completion and sales of units during worst condo downturn in 30 years.

 

Investment Thesis

ICO could partner with Ivory Homes to access Ivory Homes’ sales force to market and sell the project, even in a severe market downturn.

Contacts

PUBLIC MARKET & REAL ESTATE INVESTMENTS AND OPPORTUNITIES

David Broadbent


Bio

Email

801-407-6866

ICO Companies Office:

3401 N. Center St. Suite 300 Lehi, UT 84043

801-407-6813

The ICO Companies, a sister company to Ivory Homes, Utah’s Largest Homebuilder for 29 years.