With an exciting night life and serene beaches, Miami is a coastal metropolis in southeastern Florida and is home to the world’s largest collection of art deco architecture.
Known as the Cruise Capital of the World, Miami is also a great agricultural region, has the country’s warmest temperatures in the winter and is rich with culture. Miami has recently reached its highest population of 478,250 and has a GDP of about $288 billion.
As a leader in finance, culture, arts, commerce and international trade, Miami has one of the largest urban economies in the country which is ripe for real estate opportunities. The median household income in Miami was $51,347 according to the US Census Bureau in 2019. Projected to increase to over 3.02 million people by the year 2025, Miami continues to offer strategic and rewarding investment opportunities.
Ballard Built deploys a multi-channel strategy designed to minimize risk and volatility and provide healthy, above market returns during all seasons.
In times of growth you can expect that we will;
1. fund the purchase of undervalued assets with a strong exit plan and an opportunistic repositioning strategy, 2. build on infill lots with emphasis on setting the expected completed construction date to best fit within a market-cycle high, 3. develop land and communities—from subdividing lots to installing basic utilities.
Ballard Built is uniquely positioned to source, analyze, and fund opportunistic housing investments across some of the fastest growing cities in the U.S. Our on-the-ground relationships and straightforward approach opens doors for unique-profitable investment opportunities.
There is a severe shortage of quality housing, so getting into these cities requires leveraging many relationships that Ballard has already developed. The reality is that new entrants to these markets face significant disadvantages and potential delays.