Updated about 3 years ago on . Most recent reply
Land - New Construction Home Sale
Investment Info:
Single-family residence other investment.
Purchase price: $320,000
Cash invested: $1,400,000
Sale price: $2,150,000
Purchased land, partnered with a contractor to build a home and sold at completion.
What made you interested in investing in this type of deal?
I work with a custom home design and build company.
What was the outcome?
Sold at highest price per square foot in the neighborhood. $70K over asking.
