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Updated over 6 years ago on .

User Stats

26
Posts
13
Votes
Tate Siemer
  • Rental Property Investor
  • Salt Lake City, UT
13
Votes |
26
Posts

MF Investment and/or JV Partnerships Available-SLC, Utah

Tate Siemer
  • Rental Property Investor
  • Salt Lake City, UT
Posted

We have 3 separate townhome projects located in high-growth areas of Salt Lake City for which we are seeking investors and/or partners. Investment opportunities are available at multiple entry levels for each project, starting at $250K. They are between 27 and 48 unit townhome projects. The first two opportunities will fund at the end of Feb., with others following. With all 3 projects we intend to entitle the land (plat approval and building permits) so that it is shovel-ready for a builder/developer. We already have an LOI from a builder to purchase entitled, permitted lots on one of the projects, and multiple builder interest on the other projects. 2 of the projects will take 4-6 months, and one will be 6-8 months. ROI will be contingent upon investment level and repayment structure, and we anticipate significant wins for all invested.

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