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Updated 4 days ago on .

User Stats

53
Posts
29
Votes
James Phillips
  • Developer
  • Eugene, OR
29
Votes |
53
Posts

Looking for an Equity Partner – 4plex Infill Project

James Phillips
  • Developer
  • Eugene, OR
Posted

I’ve got a lot tied up for much less than the asking price in a great infill location and architectural plans are currently being drafted for a fourplex. We’re designing it under a middle housing land division, which means each unit can be sold off individually later — giving us two solid exit options: hold as rentals or sell them off one by one.

I’m lining up the equity needed to close on a construction loan and looking for a partner to come in on the equity side. I’m managing the whole process — land use, design, GC, and everything through closeout.

If you're looking to get into small multifamily development with flexible upside and want to see the numbers/pro forma, shoot me a message.