Real Estate Venture

by Dennis Chambers
(Cocoa Fl)

Own existing development in Cocoa Florida. Looking for partner to complete build out of 24 multi family lots as rentals or build to sell. Market is extremely strong. Lots are cleared, all infrastructure is in place, have plans to build townhomes for rent or for resell. Market valuation is 130K to 175K for townhomes. Rental values are 1100 to 1200 per month. Licensed general contractor and own heavy equipment needed to build units. Development web site is Investment will depend on number of units constructed at one time. Remaining lot inventory is 3 single family lots and 24 multi family lots. Single family price range is 175K to 250K. Have detailed projections available for multi family project. Project could be done 8 units, 16 units or 24 units. Single family would be done one unit at time. Profits if built as resale on singles family would be 40K to 80K per unit and 25K to 50K on multi family per unit.

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Real Estate Investments.

Check out these curated articles on on Funding related topics:

To join our Facebook page, and get regular updates through Facebook, click our little logo on the right, you'll get on our Facebook page, and there you can click on the 'Like' button