Investment Project Update: Felspar, San Diego, CA – March 2017

This month’s investment project update: Felspar is off and running!

To all of our Felspar investors, the progress we are seeing at this property is amazing. Let’s go over the details for this month’s investment project update.

Investment Property Update - Felspar March Update

 

Getting the ground ready

The pool was demolished, filled in, and dirt compacted. The field is ready. Moreover, we received authorized inspections, and now we have a suitable area to build the new extensions for this house.

Investment Property Update - Felspar March Update

Investment Property Update - Felspar March Update

Demolition

Moreover, we mobilized the demolition. We began on the two existing structures and we will move onto underground utilities and foundation work before the end of the first quarter this year.

Investment Property Update - Felspar March Update

One house. 2 Owners

Concurrently with construction, we are processing a condominium lot split to legally entitle the new dwelling units for separate ownership.

Investment Property Update - Felspar March Update

Investment Property Update - Felspar March Update

What is next?

Finally, we completed the topographic survey. We will submit the new Map for completeness review by the end of April. This project is shaping up as planned.

As you know, this beautiful property is in the Pacific Beach community of San Diego, CA. We are always thinking of the best locations for all investment projects.

Remember, you can always click here to take a look at the latest investment opportunities. When it comes to crowdfunding investments, we know you prefer to diversify your portfolio.