Three doors, one lot, many ways to own
Whole-building and per-unit pricing from $500,000 in the Minneapolis–Saint Paul metro — designed for income, pooled ownership, and international investors. Breaking ground April 2027.
- $0K
- Estimated valuation
- $0K
- Built-in equity at $500K price
- ~0%
- NOI (conservative)
- 0
- Rentable doors per lot
Buy the whole building — or one door at a time
Own all three units, or start with a single duplex home or the ADU. Whole-building buyers save $100,000 versus purchasing separately.
Entire building
all three units
$500,000
Own the full Cardwell3 — the front duplex plus the 2-bed ADU over the 3-car garage.
Reserve thisPrimary duplex unit
per unit (two available)
$225,000
One of the two front 2-bed / 2-bath duplex homes.
Reserve thisADU over garage
single unit
$150,000
The 2-bedroom apartment above the 3-car garage — the lowest entry point.
Reserve thisPrices are introductory and subject to change, availability, lot, finishes, permitting, and market conditions. Rental ranges and cap rate are illustrative estimates — not guarantees of income, return, or financing terms.
Buy the whole building — or convert to condos on day one
By default the Cardwell3 sells as a duplex with an ADU on one parcel. If a buyer wants a single unit, we register a condominium immediately — the HOA and legal paperwork are prepared in advance.
Whole building (default)
Sold as a duplex with an ADU on one parcel — a structure Minneapolis approves to increase housing density and affordability. One deed, one loan, three income doors.
Individual units (on request)
If the first offer is for a single unit, we register a condominium under Minnesota's Common Interest Ownership Act (MCIOA) — a recorded Declaration and a Common Interest Community (CIC) Plat. Because it's planned from inception on new construction, it's far simpler than converting an existing building, so each unit can be sold and financed separately.
Managed for you
A recorded Declaration sets up the HOA and an AI-assisted property-management framework from day one — designed to keep operations efficient and maintenance low.
Condominium creation is governed by the Minnesota Common Interest Ownership Act (MCIOA) and requires a recorded Declaration and CIC Plat. Planning the condominium structure with the first sale avoids the cost and complexity of converting an existing, occupied building. This is general information, not legal advice — your attorney and title company finalize the structure.
Bought like a product — no agent commissions
New construction sold direct: no seller's agent, no buyer's agent required, a clean attorney-drafted purchase agreement, and closing through a partner escrow and title company.
Buy direct — no agent commissions
The Cardwell3 is sold directly, like a product. There's no seller's agent and you don't need a buyer's agent — which removes the typical 5–6% commission from the transaction.
A simple, attorney-drafted agreement
Purchases use a clean, attorney-drafted purchase agreement designed to keep the process simple and costs down — no convoluted back-and-forth.
Closed through escrow & title
Funds and closing are handled by a partner escrow and title company, so your purchase is secure and properly recorded.
Buying direct does not replace your own due diligence. You are encouraged to have the purchase agreement reviewed by your own attorney and to obtain independent inspection, appraisal, and financing. Closing terms are handled through a licensed escrow and title company.
What the numbers can look like
An illustrative pro-forma for the Minneapolis–Saint Paul metro — for an investor renting all three units, and for an owner-occupant living in one and renting two.
Investor — whole building, fully rented
Taxes, insurance, management, and maintenance plus a vacancy allowance — kept low by a new, warrantied, SIP build and AI-assisted management. You acquire below estimated valuation, for built-in equity from day one.
Owner-occupant — live in one, rent two
On these assumptions the two rented units are designed to cover your full mortgage payment, with a surplus — before taxes, insurance, and upkeep.
How we underwrite operating expenses
Modeled at conservative, lender-standard levels — what a lender uses to qualify the loan. We expect actual expenses to run lower given the new, warrantied, low-maintenance SIP build, so these are a floor, not a forecast.
- Vacancy
- 5%
- Property taxes
- 10%
- Insurance
- 5%
- Maintenance
- 4%
- Reserves
- 3%
- Management
- 6%
- Miscellaneous
- 1%
- Total
- 34%
Illustrative example only, using 2BR/2BA rent comps ($1,500–$1,800/mo per duplex unit, $1,000–$1,200/mo ADU), a ~5% vacancy allowance, ~29% operating expenses (taxes, insurance, management, maintenance/reserves), a 6% market cap rate for valuation, and a 30-year mortgage at 5.5% with 20% down. Cap rate shown is net operating income ÷ purchase price. Actual rents, expenses, taxes, insurance, vacancy, financing terms, valuation, and returns vary and are not guaranteed. Not investment, tax, or financing advice.
Rent ranges reflect 2-bed / 2-bath comps in the target Minneapolis zip codes (and do not yet credit the new-construction, high-performance premium). Operating costs reflect a new build with warranties and low-maintenance SIP construction. Estimated valuation, comparable build cost ($/sq ft × area), and returns are illustrative estimates — not an appraisal, broker price opinion, or a guarantee of income, resale, financed, or market value. Independent appraisal recommended.
Run your numbers
Adjust the assumptions and watch the cap rate, cash flow, DSCR, and cash-on-cash update live. Defaults reflect a retail purchase in the Minneapolis–Saint Paul market.
Your assumptions
Tight — adjust rent, rate, down payment, or expenses to strengthen it.
Illustrative only — assumes a 30-year mortgage and excludes closing costs, vacancy, and capital reserves. Cap rate is NOI ÷ price; value is NOI ÷ market cap rate. Actual figures vary and are not guaranteed. Not investment, tax, or financing advice.
Designed for income, ownership, and flexibility
Three doors on one lot
3-unit infill housing is designed to put more rentable doors on scarce urban land.
Owner-occupant income
Live in one unit and rent the others — a structure intended to offset ownership costs.
Pooled ownership
A format built for friends and family groups to invest and own together.
International positioning
A clear, repeatable product designed to be understandable to international buyers.
Furnished optionality
An optional furnishing package opens furnished-rental strategies where permitted.
Speed to market
A repeatable system is engineered to shorten the path from lot to leased.
Flexible ways to reserve and purchase
Reserve or purchase through cash installments, a credit-card-plus-cash combination, or a cryptocurrency / stablecoin path.
Cash installments
Reserve and pay through structured cash installments aligned to project milestones.
Credit card + cash
Combine a card payment with cash for the reservation and select milestones.
Cryptocurrency / stablecoin
A crypto and stablecoin payment path, subject to compliance and review.
A note on crypto & payment methods
Final payment methods, terms, crypto acceptance, and availability may vary by jurisdiction, lender, title company, and legal requirements. Cryptocurrency payments will be subject to compliance, KYC/AML, tax, and transaction review.
A repeatable system, built to scale
Target production model of 50 building projects per year within the first three years.
A planned ramp toward 100 building projects per year by year four.
A future franchise service designed to bring the system to other metros with developer partners.
Build → Own → Buy → Manage, in one ecosystem
The Cardwell3 is one product in the SEAMS.AI platform — an integrated system for building, buying, and managing homes. The same ecosystem sources the trades, guides buyers, and runs the property after move-in.
The Cardwell3
The repeatable 3-unit building product — three doors on one urban infill lot.
AI property management
An AI-assisted management system designed to keep operating costs low after move-in.
Pathways for international investors & local buyers
The franchise model is designed to support an EB-5 Immigrant Investor pathway, and Minneapolis offers buyer, investor, and builder incentive programs.
EB-5 Immigrant Investor pathway
For international investors, the Cardwell3 franchise model is designed to support an EB-5 Immigrant Investor pathway through qualifying investment and job creation across a portfolio of builds.
Minneapolis buyer & investor programs
The City of Minneapolis offers a range of buyer and investor programs that may apply to qualifying purchasers in the metro.
Builder tax credits & incentives
Builder tax credits and other local incentives may be available for qualifying projects. Availability and eligibility vary and change.
Potential EB-5 eligibility depends on USCIS requirements (including minimum investment and job-creation thresholds) and your individual circumstances. The information here is general and is not legal, immigration, tax, or investment advice — consult qualified professionals.
Questions, answered
The basics on cost, financing, income, and how it works. Still curious? Reach out — we respond personally.
Start the conversation
Share a few details and we'll send the investor preview and follow up.
Prefer email? Reach our investor team directly at investor@cardwell3.io.
This website is for product marketing and informational purposes only and is not an offer to sell securities, investment advice, legal advice, tax advice, or financing advice.