The Fillmore Model at Brookfield Residential.
Property investment usually involves some kind of gamble for the investor. We are hostage to cycles of upswings and dips in the market—unless, of course, a developer is able to guarantee an immediate return on investment. This is the case for a small group of luxury model homes built by developer Brookfield as part of the company’s Model Investment Program.
Brookfield Residential has built innovative single-family homes and townhomes throughout Montgomery and Anne Arundel counties in Maryland. The homes measure between 1,700 and 5,000 square feet and feature as many as six bedrooms. As models, these homes have been turned into works of interior-design art and feature an abundance of upgrades like added rooms, upgraded appliances and finishes, wall coverings and windows treatments — all curated by an interior designer — in order to showcase a community’s offerings. These homes are fully loaded, and they’re priced to sell, too.
This is how it works: Investors can buy one of nine remaining homes at an extremely competitive price, with up to $10,000 covered in closing costs. Then, Brookfield Residential rents the property back from the investor in the form of a monthly sum that contributes to covering — sometimes exceeding — the monthly mortgage rate. The home is shown as a model property for the community and is professionally maintained inside and out by Brookfield until returned to the investor.
The majority of Brookfield Residential’s model homes are located less than an hour from D.C. All are located close to major commuter routes and mass transit. Every property owner also enjoys a wide variety of in-home luxuries as well as a wide variety of community amenities such as fitness centers, pools, playgrounds, walking trails and more, depending on which community they choose.
For details about the Brookfield Residential Model Investment Program, or to see photos and details of available homes, click here. Or, reach Elizabeth Ellis by email at email@example.com.
This article originally published at https://dc.urbanturf.com/articles/blog/brookfield_residential_-_an_ideal_investment_opportunitiy/12079.
Most Popular... This Week • Last 30 Days • Ever
The entry to This Week's Find sits on the pedestrian-only strip along the Georgetown ... read »
Here's what you need to know about reporting profit made from the sale of your home.... read »
Crescent Communities recently filed plans with Montgomery County for Novel Bethesda, ... read »
Steuart Investment Company and BXP have filed renderings for alternate ideas for how ... read »
Today, UrbanTurf is looking at the five DC neighborhoods that have been the most affo... read »
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
To help home buyers and sellers both novice and seasoned, UrbanTurf is running a seri... read »
The development for four parcels at The Yards from Brookfield Properties and the Menk... read »
Plans for the New York-based eatery appear to be moving forward.... read »
Eights month after a new proposal to redevelop part of the Takoma Metro station was p... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro