|
Axiom Realty Capital Acquires $20M+ of Teton Valley Real Estate; Because These Terms are so Good, our Inventory Won't Last Long "We pride ourselves on offering the best real estate opportunities to our buyers," said John Castle, Axiom Realty Capital's chief operating officer. "With the terms we've negotiated, our buyers are anticipating triple-digit target returns, even with no market appreciation." Salt Lake City, UT (PRWEB) May 4, 2007 -- Axiom Realty Capital, a Midvale, UT-based preconstruction real estate firm, today announced that it has acquired $20 million of luxury real estate in Idaho's booming Teton Valley.
"We pride ourselves on offering the best real estate opportunities to our buyers," said John Castle, Axiom Realty Capital's chief operating officer. "With the terms we've negotiated, our buyers are anticipating triple-digit target returns, even with no market appreciation."
"Teton Lodge has some of the most impressive terms we've ever offered," said Trent Rogers, Axiom Realty Capital's VP of Sales. "In addition to standard terms like a guaranteed 15% discount and a dollar-for-dollar market downturn protection, our buyers' escrowed deposit will be just $10,000. And because the developers have agreed to resell our buyers' units to end buyers before any other units are sold, our buyers can rest assured they will enjoy the healthy returns they anticipate."
According to the Realty Times, the Teton Valley's total real estate sales have jumped from $52.1 million to $190 million since 2002. Jackson, Wyoming's tremendous appreciation is fueling growth in the Teton Valley. Over the past 10 years, Jackson Hole's sales increased from $200 million to just over $1 billion in 2005. Taking advantage of this opportunity, many Jackson residents are cashing out and buying in the Teton Valley, which the Wall Street Journal recently listed among its Top 12 vacation-home locales.
"Because these terms are so good, our inventory won't last long," said Castle. "Our buyers want healthy returns without all the risk of traditional real estate," he concluded. "Teton Lodge is just Axiom's latest project delivering real estate without all the risk."
To learn more about Axiom Realty Capital and its real estate investment offerings, please call (866) 338-4884, or visit our website, www.axiomrealtycapital.com.
Contact: M. Royce Van Tassell 801.836.7028
###
|
© Copyright 1997-2008, Vocus PRW Holdings, LLC. |