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Real Estate Deal Analysis & Advice

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Perry Ivy
  • Investor
  • Jonesboro, AR
132
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241
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Need advise concerning prime property development.

Perry Ivy
  • Investor
  • Jonesboro, AR
Posted Dec 11 2017, 09:28
I own almost three acres in a prime market that is in a development ideal called “a city within a city”. I own the only outparcel in this development. It is currently zoned r1 and my area of the development is suppose to have houses, but I plan on doing townhouses, or threeplex’s. This development will be a few hundred million. My questions are: What’s the odds that they buy me out? Could I be forced out? Townhouses or triplexes? Garages? How many bedrooms? Will an hoa be forced upon me? Thanks!