Friendly Capital quickly realized back in late 2012 that they were looking at one of the last good market Finished Lot subdivisions when they came across Lake Alfred Estates. Ideally situated between Orlando and Lakeland in eastern Polk County, this 95 single-family lot subdivision had an established residential community. With 13 existing homes, previously built by Maronda Homes, in this community, Friendly Capital purchased the remaining 82 vacant lots and took control of the Home Owner’s Association. Friendly Capital then quickly sold this investment to LGI Homes, rendering over a 25% profit to all investors within 1 year.
