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Henrico, VA

Renovating and repositioning a distressed home for resale in a growing Richmond neighborhood.

• Experienced leadership: The project is led by Robert Haggerty, a seasoned real estate investor with over a decade of experience in property rehabilitation and community development.
• Strategic location: The property is in a rapidly developing Richmond neighborhood with rising property values and strong buyer demand.
• Comprehensive renovation plan: Upgrades include open-concept modifications, new HVAC, electrical and plumbing enhancements, kitchen and bathroom remodeling, and foundation repairs.
• Defined exit strategy: The home will be listed on MLS for resale upon completion, with investor returns distributed after closing.
• Community impact: The project contributes to neighborhood revitalization by transforming neglected properties into high-quality housing.

The 5th Ave Rehab project is a real estate investment opportunity focused on transforming a distressed residential property in Richmond, VA, into a fully renovated and modernized home. Led by experienced real estate investor Robert Haggerty, the project aims to add significant value through strategic renovations, including structural modifications, interior upgrades, and essential system improvements. The property is located in a rapidly developing neighborhood with strong market demand, positioning it for an optimal resale price. This offering allows investors to participate in a short-term, high-yield debt investment that funds the renovation process while contributing to neighborhood revitalization.

The investment is structured as a debt offering with a defined term of 4-6 months, during which the property will undergo extensive renovations, including kitchen and bathroom upgrades, HVAC installation, and foundation repairs. Upon project completion, the home will be listed on the market, with investors receiving returns upon the successful sale. The Richmond housing market has seen consistent growth, and comparable properties in the area have appreciated significantly, reinforcing the project’s potential profitability. The funds raised will be dedicated entirely to renovation costs, ensuring that the property is transformed into a high-quality home that aligns with current market expectations.

Company Info

5th Ave Rehab is a real estate investment project focused on renovating and revitalizing a distressed property in Richmond, Virginia, to create a high-quality, market-ready home.

Robert Haggerty is an experienced real estate investor specializing in property rehabilitation and community revitalization projects. With over a decade of experience, he has developed expertise in property acquisition, renovation, and strategic sales, focusing on value-add investments in Richmond, Virginia, and surrounding areas. His approach centers on transforming distressed properties into high-quality housing while improving local neighborhoods. Through Sierra Grande Investments, he has executed multiple real estate projects that deliver strong financial returns while fostering economic growth.

In addition to his real estate ventures, Robert is committed to mentoring aspiring entrepreneurs and using real estate as a tool for positive social impact. As a firefighter and business owner, he balances his professional pursuits with a passion for community engagement, helping others build sustainable careers in real estate. His projects, including the Fifth Ave Rehab, emphasize modern design, strategic renovations, and market-driven investment strategies to maximize property value and investor returns.