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Enroll Now: Real Estate
Investment Class Starting November 18, 2008
The founders of Truong Enterprises (TE) bought their first home at a real
estate auction in April 1993 during the Real Estate Owned Bank liquidation period.
The purchase price was $104,000. They moved in and began their renovation project.
With $20,000 in cash and sweat equity, they improved the property while maintaining
it as their primary home for 7 years. In April 2000, they sold it for $210,000 and
made $86,000 capital gain free.
For Fiscal Year Ending 06, their Real Estate Development companies, TE and Real
Estate Center along with various joint ventures bought, sold and managed a portfolio
of over $30,000,000. Their real estate sales and brokerage firm Realty Direct helped
buyers and sellers with over $25,000,000 of residential and commercial property
purchases and sales.
The rest of the story continues to develop on a daily basis! Whether you are a first
time home buyer, or an accredited investor, TE and its affiliated companies can
help you accumulate wealth through the acquisition, management and sales of real
estate. If you’d like to find out how to get involved,
contact us now.
 Chelsea Residential Group is a full service Real
Estate Development Company and Property Management Firm. We focus on the acquisition,
development, sale and management of quality properties.
Our mission is to provide maximum value and options to our clients by offering housing
at competitive, affordable prices. Our client's satisfaction is our primary goal.
Everyone from our Architects & Designer Engineers to our Project Managers &
Contractors focus on doing their very best to deliver a product that illustrates
the superior quality that one would find in higher end properties. Our team can
achieve this because we bring years of experience and a record of success to this
exciting residential opportunity.
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Since 1984, 872 Morton Street has been vacant. The new Morton Station Residences
will revitalize this parcel, bringing new life and activity to an inner city neighborhood
with much promise. Joining the Morton Station Residences are two other exciting
additions to the neighborhood: a newly refurbished MBTA Commuter Rail station and
a 1500 member Baptist Church - to be constructed directly across the street. |
28 condominium units and two retail spaces will be constructed. These modern condominiums
will provide local residents with homeownership opportunities and inspire new residents
to relocate here. 25% of the units are designated to be affordable.
Along with an exciting architectural design and floor plans, the new building will have 40 parking spaces,
common spaces and lush landscaping - providing residents and visitors with site
accessibility and natural beauty.
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