Luxury Townhouses
Richmond, RI
Clubhouse Capital secured $1.5 million in construction financing for the developer of 11 luxury townhouses located within an exclusive 1,000+ acre sporting preserve that features a wide range of outdoor amenities and activities including bird hunting, sporting clays, trout and bass fishing, archery, horseback riding, rock climbing, golf, swimming and tennis, ATV trails, and a 1/4 mile zip line. The 2- and 3-story townhouses are appointed with modern amenities including stainless steel appliances, steam showers, and fireplaces. Several units were pre-sold at prices just under $1.0 million. Purchasers must also join the sporting club, where the cost of membership recently reached the $250,000 mark. (Spring 2018)