PLEASE DO NOT RESPOND WITH 100% DEBT. WE WILL ACCEPT $3,000,000 IN EQUITY AND $4,000,000 IN DEBT FOR THE FIRST SECTION (100 LOTS).
Contract with large homebuilder to develop 540 lots for single-family residential homes. Development is near a large growing metropolitan area. Land Plan, Engineering and Entitlements complete. Expect to start construction 4Q 2022. Contract with reputable mezzanine lender to finance 70%. Opportunity to invest with Developer. Excellent rate of return with a reasonable payout period. Contract to sell 100 lots first year. Purchase price for homes $300,000 - $450,000.
Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.