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Updated over 4 years ago on . Most recent reply

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Celest Southwick
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In need of development advise!

Celest Southwick
Posted

I own land in Idaho. Over 8 acres within city limits. Close to schools, shopping, and the interstate. Looks like zoning will allow 35 units per acre. How do I get an actual cost estimate of what development would take? Where would you find an investor if needed?

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Scott Wolf
  • Lender
  • Boca Raton, FL
954
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1,969
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Scott Wolf
  • Lender
  • Boca Raton, FL
Replied

@Celest Southwick, are you looking to develop it yourself, or form a JV of some sort? A JV may be your best option if you don't have any development experience. I'd try to find some similar sized developments in the area and find out who did the development and see if they'd be willing to partner and share the upside.

  • Scott Wolf
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