Meadowline Construction

High-Quality Homes at Competitive Prices

December 30, 20242 min read

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

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