Cherry Grove | From Fix-to-Rent to Four Additional Homes
- BETTER
- 1 day ago
- 1 min read
In Episode 3 of the BETTER Podcast Summer Case Study Series, we take a behind-the-scenes look at 105 Cherry Grove. What started as a profitable rental opportunity ultimately became the foundation for four additional build-to-rent homes, demonstrating how thoughtful planning and creative problem-solving can unlock hidden value.
In this episode, we explore the decisions that shaped the project, from recognizing opportunity in an unfinished home to leveraging Durham's SCAD program, determining the highest and best use of the property, and strategically deciding when to sell versus hold. We also discuss why understanding the end buyer or renter is just as important as understanding the property itself, and how every development decision should support a long-term investment strategy.
Whether you're an active developer, a passive investor, or simply interested in how successful real estate projects are evaluated and executed, this episode offers an inside look at the strategic thinking behind one of BETTER's most transformative developments.
