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Updated over 4 years ago on . Most recent reply

User Stats

1
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0
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Ryan Blankenship
  • Developer
  • Raleigh, NC
0
Votes |
1
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Residential Single Family Development 30+ units

Ryan Blankenship
  • Developer
  • Raleigh, NC
Posted

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $1,440,000
Cash invested: $360,000
Sale price: $3,565,000

Raw land entitled, developed, and sold parcels.

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

I am a Licensed GC in multiple states. Developing raw land is a passion of mine.

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

Thats Proprietary information.

Lessons learned? Challenges?

Rock is not my friend.

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