Land & New Construction
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
In Town Lot Subdivisions
Interesting situation here... I've been working on this quadplex project for around a year now. It's mostly been stalled in the planning phase by the local AHJ (City of Atlanta).
During that time, the original developer decides to sell the project to another developer (along with several of their other projects that I am also working on for them). I paired the original developer up with another one of my clients, and now they are in negotiations to sell / buy these projects.
The image below is currently one lot that we are designing one quadplex for. The new developer wants to subdivide the lot and put one triplex or quad on each lot. I've seen this subdivision strategy several times now. Seems to be a trend?
Is anyone else using lot subdivision as a strategy, or is this old news?