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Real Estate Deal Analysis & Advice

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Karen Smith
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Development Project in Hocking Hills

Karen Smith
Posted Sep 21 2023, 06:39

Investment Info:

Single-family residence other investment.

Purchased 52 acres of land in Hocking Hills to develop 10, 5 acre lots to build luxury log cabins in 2024

What made you interested in investing in this type of deal?

Experiencing the explosive growth in Hocking HIlls

How did you find this deal and how did you negotiate it?

Have a business relationship with the owner of the land

How did you finance this deal?

Pulled 8 investors together

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Ryan Lloyd
Pro Member
  • Property Manager
  • Syracuse, UT
22
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28
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Ryan Lloyd
Pro Member
  • Property Manager
  • Syracuse, UT
Replied Sep 21 2023, 09:31

Hey @Karen Smith, looks like a beautiful property in Hocking Hills.  We love it there and have also invested in larger multi-unit/property lots there for development (large lodge, smaller treehouse etc....  Would love to connect.  Have you started development on the 52 acres?

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Karen Smith
7
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6
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Karen Smith
Replied Sep 21 2023, 10:30

Would love to connect Ryan.  Are you available to talk this weekend?  

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Ryan Lloyd
Pro Member
  • Property Manager
  • Syracuse, UT
22
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28
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Ryan Lloyd
Pro Member
  • Property Manager
  • Syracuse, UT
Replied Sep 26 2023, 07:19
Quote from @Karen Smith:

Would love to connect Ryan.  Are you available to talk this weekend?  

 Hey @Karen Smith I'll DM / text you.  Would love to chat!

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Replied Mar 26 2024, 10:27

Hello Karen, curious about your experience and if you still have any of your 5 acre tracts available? Thanks 

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Jake Baker
Tax & Financial Services
Pro Member
  • Investor
  • San Diego, CA
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Jake Baker
Tax & Financial Services
Pro Member
  • Investor
  • San Diego, CA
Replied Mar 26 2024, 11:07

@Karen Smith

Looks like a beautiful property.