Executive Proposal Summary  ·  April 2, 2026

618 Sunset Boulevard

Brunswick, Georgia  ·  Presented to Chip Drury

Total Asset Value
$700,000
Property Size
2.7 Acres
Current Debt
$0
Development Upside
$10.58M
Current Owner
KBD Management LLC
Paths Available
3 (Bridge / Build / Digital)
Confidential

The Asset

You own 618 Sunset Boulevard in Brunswick, Georgia — a 2.7-acre property consisting of a 5,000 square-foot main house appraised at $475,000, and approximately 2.25 acres of wooded land appraised at $225,000. Combined appraised value: $700,000 with zero debt against it.

The property sits directly adjacent to Brunswick Country Club — a location that adds premium value for residential development, hospitality uses, and investor appeal. Ownership was transferred to KBD Management LLC in January 2026 via recorded quitclaim deed. Title is recorded with the State of Georgia.

Main House
$475K
Appraised, 2021
Wooded Land
$225K
Appraised, 2022
Total Value
$700K
Combined, No Debt
Dev. Revenue
$10.58M
Parker Study, 26 Units

Three Ways to Move This Deal Forward

This property can be activated along three distinct paths. These can be pursued sequentially — start with A to get capital, execute B with that capital, and layer in C for long-term investor access — or independently, depending on Chip's timeline and goals.

Path A
Bridge Loan
$500K–$700K
Asset-backed bridge loan against the $700K combined appraised value. 12–18 months. Provides immediate working capital to stabilize, renovate, or position the property.
60–90 Day Close
Path B
Development
$8.03M Build
Full 26-unit townhome development (Country Club Commons). SBA 504 + USDA B&I construction financing. $10.58M in projected sales revenue.
12–18 Month Build
Path C
Tokenization
$1M–$5M
Fractional ownership via Reg D or Reg A+ securities offering. Opens the deal to accredited and non-accredited investors. Tradeable on secondary platforms.
90 Day Launch

Path B — Development Capital Stack

The full $8.03M construction budget is fundable through a layered public/private capital stack. No single source needs to cover the whole project:

Source Amount Type Notes
SBA 504 Loan $3,000,000 Senior Debt 3.5–4.5%, 20–25 yr, owner-occupied commercial
USDA B&I Guarantee $2,000,000 Guaranteed Debt Rural community development, up to 80% guarantee
Equity / Investors $1,500,000 Equity Reg D offering or direct LP investment
Tax Credit Equity $1,030,000 Non-Dilutive OZ, NMTC, Historic Tax Credits, Cost Segregation
Bridge / Mezzanine $500,000 Bridge Debt Covers gap / working capital
Total Stack $8,030,000 Full construction budget covered

Documents Supporting This Proposal

All four founding documents are in the file. Each one has been summarized in plain English — click through to understand exactly what each document says, what it means for you, and how it is used in the proposal.

🏠
House Appraisal — $475,000
Richard Friedman  ·  January 2021  ·  FIRREA-compliant
🌳
Land Appraisal — $225,000
Richard Friedman  ·  January 2022  ·  ~2.25 wooded acres
📊
Parker Market Study — $10.58M
Parker Associates  ·  January 2021  ·  26 units at $407K avg
📜
Quitclaim Deed — KBD Management LLC
Recorded January 6, 2026  ·  GSCCCA, State of Georgia

Your Next 5 Steps

  1. 1
    Commission a Current Appraisal
    Update both the house and land appraisals — cost $2,500–$4,000. Nothing moves without current valuations. This is Step 1 for all three paths.
  2. 2
    Order a Full Title Search
    Confirm no liens, back taxes, or competing claims. ~$200–$500. Required before any lender will commit.
  3. 3
    Choose a Path (or Stage Them)
    Decide: do you need capital now (Path A), are you ready to build (Path B), or do you want investor capital (Path C)? All three are viable — the sequence matters.
  4. 4
    Retain a Real Estate Attorney
    You need GA-licensed counsel to review the title, structure the LLC, and handle any financing documents. Budget ~$3,000–$8,000 for setup.
  5. 5
    Engage an Experienced Developer or Lender
    Start conversations with a bridge lender (Path A) or a residential developer with SBA/USDA experience (Path B). The full proposal is your deck — use it.

This executive summary is prepared for informational purposes only and is not legal, financial, investment, or tax advice. All projections are based on third-party reports (Parker & Associates, Richard Friedman) and standard market estimates. Actual results will vary. Financing and development projections are not guaranteed. Consult a licensed attorney, CPA, and financial advisor before making any investment or financing decision. Prepared April 2, 2026  ·  chi.mensofgod.com