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Ashbury Associates Residential I

Ashbury Associates Residential I
K&S Mebane Residential I, LLC
Mebane, North Carolina
Joint Venture
Year: 2005
Project Currently Under Development

Partners
Edward Kalikow & Eugene Shalik
William Spang

Bank
RBC Centura Bank - $5,650,000 (Acquisition Loan)

Property Information
Acquire and develop 83 +/- acres of unimproved land, which is fully entitled and zoned for 260 residential building lots, located in Mebane, Orange County, North Carolina.
Lots Pre-sold to the following Builders: Cimarron Homes, Olde South Homes, & Stonewall Homes

Equity Raised: $1,200,000

Live Webcam: http://64.40.69.238/java-e.html

Progress Photos (125K) | Investors Only

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