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35
Posts
13
Votes
Chris Hermance
  • Investor
  • Helena, MT
13
Votes |
35
Posts

Seeking Capital: Developing 44 buildable lots, selling 54K each

Chris Hermance
  • Investor
  • Helena, MT
Posted

Seeking financing on behalf of construction company partners. Developing 44 buildable lots, sublimating and selling retail for 54K each. Billings, MT; area is near newly designated High School. 

Land purchase (including closing costs) = 300K

Engineering quoted infrastructure construction costs = 400K

Looking to cover 700K, with exceptional rates. Start to finish one year and half, depending on weather. Early lot sales are expected to cover initial distributions.

I have no experience in residential development and construction, which I rely on the experience and expertise of my partners. This is the first, stepping stone, project they are looking to fund, with a couple more in the pipeline.

Please contact me for more information and let's start the conversation on how we can all profit from this opportunity.

Chris Hermance
Divergent Real Estate Investments
[email protected]
406-647-0260

Offering