Hammond Estates
Manufactured Housing Community
ProActive Realty Income Fund I Closed
Investor Returns 25%
The First of many impactful projects, Hammond Estates is a 39 acre development with the opportunity to add over 220 affordable housing units to the property. Orangeburg South Carolina is in the heart of the pharmaceutical, aerospace and automobile industries and has a housing shortage of over 4,500 affordable housing units. This development is inside of an Opportunity Zone and investors will receive full tax incentives when investing with capital gains.
Facts & Figures
Transaction Status
Location
Designation
Number of Homes
Acquired 2018
Orangeburg, South Carolina
Opportunity Zone
220
Affordability
Sizes
Exit Status
Approximately $950/month
1,100 to 2,000 square feet
Project sold for $5.2 million in August 2022
Investors received 25% returns in less than 4 years
Investors' Testimonials
Hammond Estates in the News
2022
2021
2020
2019
2018
Hammond Estate sold for a record $5.2 million in August.
7 Brand new homes added and 131 new homes in que.
Roads were repaired and greenery and landscaping planned.
120 homes existed of which 43 were removed and remaining repositioned.
Property acquired within weeks of being condemend by the County.
Development Partners