The Holon modular apartment

Florida is currently experiencing a mass migration into the state at an net influx of 349,500 migrants per annum.

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Boasting an RCI of 118, Miami was by far the hottest rental market in the U.S., due to record-high occupancy and high lease renewal rates.

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With almost all apartments in Miami occupied, those looking for a rental here found themselves in a very tight spot, especially as 75% of apartment dwellers chose to stay put this year. As a result, on average, a record 32 renters competed for a vacant apartment in Miami, and rental units were filled in 25 days. Although the number of apartments in the metro increased by a staggering 2.8% in the first part of the year (a record growth among the top 20 cities in our ranking), that’s still far from meeting the high demand for rentals.

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To help solve and capitalize on this opportunity we have partnered with Broad USA and ProSet Construction to erect several modular apartment buildings. These buildings are projected to cost 30-40% less than a brick and mortar build, with capabilities to add additional units vertical and horizontally without re-engineering the existing structure. The immense cost savings and capabilities for future revenue growth will out perform any current structure.

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Each modular build takes 45 days to frame out and approximately three weeks to construct. Fastest time to build in the nations history. Broad USA is currently up to all housing and development code, along with successfully passing the missile test to withstand any geological event.

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