Background Description:

Property Overview: Show Low Mountain Ranch is a premier 307-acre master-planned community located in the scenic mountain town of Show Low, Arizona. The development is strategically designed to include 635 residential lots, offering a workforce housing and nature-centric amenities. With proximity to outdoor recreational activities and local conveniences, Show Low Mountain Ranch is positioned as an ideal residential enclave for the working class of the city of Show Low.

Alejandro Chardon's Role & Involvement: Alejandro Chardon, founder of Chardon Capital, played a pivotal role throughout the investment's lifecycle. His responsibilities included sourcing the investment opportunity, conducting detailed due diligence, managing GP interviews, participating actively in the investment committee, and capital syndication efforts. Alejandro's strategic oversight was crucial in securing a buyer and managing the closing process.

Business Plan: The business plan focused on obtaining critical municipal approvals and completing entitlement processes to transform raw land into high-value "paper lots." The strategy leveraged strategic market positioning, targeted marketing to national homebuilders, and value-add entitlement enhancements to significantly increase property value within a compressed timeline.

Investment Returns: Investors experienced exceptional results from this targeted value-add strategy, achieving a 1.66x equity multiple and an impressive 66% cash-on-cash return within just six months. The success of Show Low Mountain Ranch demonstrates the effectiveness of Alejandro’s approach to strategic market selection, value creation, and efficient execution.