Mountain Top Properties files Regulation A to raise ten million dollars for Hamptons real estate venture.
LIVERPOOL, NY / ACCESSWIRE / December 29, 2023 / Mountain Top Properties Inc (OTC PINK:MTPP) is pleased to announce it has filed Regulation A offering to add up to $10 million for the company's real estate development plans. The company's initial projects are planned in the storied Hamptons, beachfront community of Long Island, along with technology driven property management roles in the larger Northeastern US. This initial strategy includes exciting new real estate projects professionally managed by one of the most accomplished custom home builders in the Hamptons, On Site Builder Construction Co. Inc ("On Site"). The management of On Site has been in the construction space and has built over 60 custom homes valued well over $500 million dollars in this exclusive market.
Pictured above is a home that was designed by architect, Blaze Makoid from BMA Architects and built by Joseph Kelley of On Site. More photos of this project at https://www.bmaarchitects.com/featured_projects/ferry-road/.
MTPP has partnered with On Site to facilitate the transition from offering a managed service to offering a turn-key finished home ready to market. The focus for this venture is waterfront or water view projects that offer significant cash on cash returns. The partnership between MTPP and On Site allows investors or limited partners to come together and get into a market that is rarely available to retail investors.
It is expected that revenues from the property management activities will begin early in the first quarter of 2024 followed closely by the start of the Hamptons NY projects slated for Spring. Over the coming weeks MTPP will be expanding its traditional and social media presence to showcase some of the houses On Site has built and will also use these platforms to showcase the ongoing development.
To review the Reg A documents please click here: https://www.otcmarkets.com/filing/html?id=17132417&guid=RoJ-kKyjFy5HJth. For more information about MTPP please visit www.mountain-top-properties.com
Forward Looking Statements:
Some of the statements contained in this press release and the documents incorporated herein are by reference are considered "Forward Looking Statements." In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," or "continue," or the negative of these terms or other comparable terminology. The forward-looking statements contained or incorporated by reference in this document involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from any future results, expressed or implied by these statements. The Company believes that the forward-looking statements contained in this release are reasonable based on the information available to us on the date of this release. The Company assumes no obligation to update any such forward-looking statements, whether as a result of new information, future events or otherwise.
Media Contact
Organization: Mountain Top Properties, Inc
Contact Person: Cole Ferry
Website: https://www.mountain-top-properties.com/
Email: info@mountain-top-properties.com
Contact Number: 310-299-1717
City: Liverpool
State: New York
Country: United States
SOURCE: Mountain Top Properties, Inc
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