$318,900

Barnett REI Finance provided a $217,334 new construction loan to support the ground-up development of a single-family home in Macon. The borrower acquired the lot for $16,660 and utilized a construction budget of $226,307 to bring the project from concept to completion. With a projected after-repair value of $329,000, the development offered an opportunity to create substantial value through new construction. The home was completed and sold in June 2025 for $318,900, just shy of the original ARV estimate. From land acquisition to final sale, the project demonstrates how disciplined execution and efficient project management can successfully transform a vacant lot into a market-ready home in just six months.