Riverpointe
Contract Status: Forestar Buyback Address: RT 340 Charles Town, WV
Insert Site Plan or Aerial Photo
Raw or FDL: Location (City/County): Seller: Total Lots: Lot and Land Price: Intial Closing and # Lots: EM:
FDL Ranson/ Berkeley county Horton Assigned to Forestar
428 Lots (230 - 20' THs & 198 - 40' SFs) $71,500/ 20' TH & $108,000/ 40' SF June 2025; 53 lots (26 - 20' THs & 27 - 40' SFs)
$793,000 Yes Total: $2,003,630; Per lot: $4,681
EM Released: LD: Opening Date:
Sep-25
20' TH: Adams II
Plan Lineup:
30' SF: Pine
40' SF: Glendale, Neuville, & Deerfield (Bsmt)
ASP:
$372,502
Estimated 1st Closing: GM%:
21.40% Jan-26
Net ROI:
27.50%
Estimated 1st Start:
Jul-25
Cash Back: 11 Months
Initial Closing (May 2025):
12 SF & 26 TH 27 SF & 26 TH
2nd Closing (Nov-25):
Takedown Schedule
Escalator:
4%
Deal Matters of Note:
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