Hey guys! So I’m going to bring video into the mix, finally! In this video I’m giving you the rundown on what’s going in the Henderson Avenue area. Very hot area right now and a great time to be buying and developing.
Here are the numbers for the deal I’m talking about in this video (see below). 5 townhomes @ $550k each = $2.75M in total sales. Land is $685k, with another $30k that will be spent on removing deed restrictions and paying for upfront closing cost. Build cost is $115/sqft, which includes everything and will be built by Grenadier Homes.
Let me know if you’d like to do a deal like this one. There are other opportunities in the area. Talk to you soon!