Hey guys! This deal is just hit my desk. I’m working with the developer of this project. They’ve got the 0.5 acre lot under contract for $1.65M and are ready to build out 16 modern luxury town homes in Uptown Dallas! This is deal you don’t want to miss.
The Numbers
The investor(s) put up $1,650,000 and will own 50% of the entire development project (which includes 100% ownership of the lot). With ALL costs and broker fees, the net profit is estimated to be $3,378,000. The investor(s) will receive back their initial investment of $1,650,000 as well as their portion of the net profit, $1,689,000.
The Project
All permits are pulled, land platted, and architectural drawing made. See below. If you’re interested and want the full scope of the project, I’d be happy to send you the full package this opportunity.
The Builder
If you’re interested, shoot me an email at brandt@barhamteam.com or call my office at 469-333-0975.