Fort Lauderdale, FL, Oct. 27, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Turnkey Capital Inc. (“TKCI” or the “Company”) is pleased to announce that it has completed a share exchange agreement to acquire Pine Ridge Estates, a Georgia limited liability corporation focused in real estate investments, transactions, and development.
The company has agreed to acquire Pine Ridge Estates in an all-stock transaction. Pine Ridge Estates is currently focused on developing its real estate asset located in the town of Thomasville, Georgia. Phase 1 of the community is complete and sold out as single-family homes. Phase 2 has been purchased, zoned, and engineered for 47 lots. The planned community will be developed as a rental only single-family home complex with home sizes ranging from 1400-1700 square feet. The homes will be eligible for Section 8 but not required. Each lot has been individually plotted to allow for the future opportunity of