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High-Quality Homes at Competitive Prices
Business Plan
Meadowline Construction combines its development and construction expertise to deliver exceptional quality while controlling costs and timelines. This streamlined approach ensures projects remain efficient, affordable, and built to last.
The Swansea project includes:
41 duplex-style homes located 15 minutes from Providence, RI, and Fall River, MA
Starting prices of $450,000, compared to the local average of $545,000
Modern 2-bedroom units with full basements and customizable finishes, meeting the needs of value-driven buyers
Revenue will come primarily from property sales. If market conditions change, Meadowline has a fallback plan: renting units at approximately $2,500 per month, supported by the area’s strong rental market.
Competitive Advantage
Meadowline Construction stands out through its integrated approach, reducing costs while maintaining strict control over quality and delivery. By identifying gaps in underserved markets, Meadowline delivers competitively priced homes with superior features.
Key differentiators include:
Homes priced approximately 20% below competitors
Customizable finishes rarely available in this segment
Energy-efficient upgrades and durable construction
No comparable new construction projects in Swansea, creating a clear market advantage
The South Coast housing market has only 1.5 months of inventory—well below the benchmark for a balanced market—highlighting the urgency for new, affordable housing.
Traction
Meadowline Construction has a proven track record, having built over 200 homes, apartments, and subdivisions throughout Massachusetts. Past successes include:
The Metropolitan in Reading, MA: A 68-unit luxury rental completed and sold in 2020
Michael Road in Wayland, MA: A 6-lot luxury subdivision completed in 2019
For the Swansea project, investor confidence is strong: 50% of the $1.5 million funding target has already been secured. Projected total sales exceed $16.9 million, with conservative pricing ensuring presales before Phase 1 completion.
Why Now
Massachusetts’ housing shortage presents a rare opportunity. Current inventory is at historic lows, creating a seller’s market where demand far outpaces supply.
The average home price in the region is $545,000, creating high demand for affordable alternatives.
The South Coast has only 1.5 months of inventory, far below market equilibrium.
Construction begins in early 2025, with presales expected to capture significant interest ahead of completion.
Why Here
Swansea, MA, offers exceptional growth potential:
Its proximity to Providence, RI, and Fall River, MA, makes it ideal for commuters
Limited competition for new construction in the area increases buyer demand
With prices starting at $450,000, the Swansea project offers affordable homes that meet a critical market need.
Team
Meadowline Construction is led by a team of experienced professionals:
Ken Chase, General Manager: 18 years of residential construction and development expertise
Stephanie Sturgis, Project Management: 10 years managing multi-family and commercial projects
Kyle McCra, Construction Superintendent: 15 years of on-time, on-budget project delivery
Jen DiFormato, Accounting Manager: 10+ years managing real estate finance processes
Lisa Brothers, Office Manager: Expert in bookkeeping, insurance, and compliance
Deal Terms
Funding Target: $1.5 million total (50% already raised)
Minimum Investment: $100,000
Expected ROI: Double your investment in 2 years
Use of Funds: Site acquisition, site work, and Phase 1 construction
Exit Strategy: Presales and phased property sales