True "TURN-KEY" Service
Quick Builds (4-6 months customs)
Great Quality
High-End Finishes
Great Pricing—10-25% less expensive than most builders
Based on a 2,500 sqft home 2 star green level
Company Contract $ Cost sqft. Time to Build Savings Time Based
|
|
A | 325,000 | $130.00 | 6 months | $62,500 + 2 mths | NO |
B | 300,000 | $120.00 | 7 months | $47,500 + 3 mths | NO |
C | 287,500 | $115.00 | 8 months | $25,500 + 4 mths | NO |
Mantissa | 262,500 | $105.00 | 4-6 months | | YES |
How Do We Acheive This Feat?
"Houston Speed" and Methods
Great Planning
Supervised Jobs
Time-Based Contracts
The Rest is Secret…
Why Use .Mantisssa Development LLC. to Build Your Investment?
There are several qualified builders in the region that can build your project. .Mantissa is unique because it is set up to work with multiple investors and builds on volume in order to keep the rate low. This makes returns attractive to build repeatedly. We maintain a low overhead, high-quality build and like to move very quickly understanding time is of the essence. There is a window of opportunity in the Austin real estate market that will expire someday and we would like to grow enough to establish a strong urban market presence and local name in the business. This is the sole reason our rates are lower than the market build rate which obviously translates into higher investor returns.
We are an aggressively skilled and organized company that is operating with poise and determination to grow internally via the Austin Market. After extensive research, we have determined that this market is the best opportunity at the time for our company to grow.
Strategy of Growth and Building Relationships
We have decided to build at a nominal rate that is under market for residential development. We understand that in order to grow quickly, we must make it as favorable as possible for our partnered investors to maintain high yield returns of typically 20%-35%. Our low-rate, high-quality construction will allow maximum spread from cost to sale.
We have gone to great lengths to bring our trade cost and overhead to a minimum by maximizing project efficiency and bringing our fast-paced trades from Houston. These established trade relationships can only be fully utilized and appreciated if our investment partners’ relationship are strengthened and foster a pipeline of continued projects.
In summary, we are extremely excited to work with any financier that is cooperative and motivated to turn projects on a regular basis. We are looking for long-term relationships that establish a working template.