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About Property & Proposed ADU 600

a) Inclusive Excellence Practice:


By leveraging the legacy and history of the Martin Center’s founders; WE WILL secure external partnerships, utilizing national diversity, equity, inclusion, and belonging subject matter experts, with a keen focus on outreach and engagement to cultivate the NCREI@Martin mission, vision, objectives and goals




b) Racial Equity Practice:


To honor our legacy and history of St. Martin de Porres, Dr. Martin Luther King, Jr., Father Boniface Hardin, and Sister Jane Schilling, WE WILL work without hesitation or reservation to extend Martin University’s reach as a social anchor in the local, statewide, and national communities we serve for overall collective impact.





Construction Cost Estimate

$188,000

ADU 600 with base options

Appreciation Estimate

$275,000

Based on property comparables, and average neighbourhood price of $615/sf as per Realtor.com

Mortgage Estimate

$800/Month

Assumes 3% interest rate on a 30-year loan

Rental Estimate

$1,400 -

$1,800 

per Month

Based on property comparables and neighbourhood average rent for a 1 bedroom as per Zumper