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Updated almost 8 years ago on . Most recent reply
Joint venture/partner wanted 90 SFRs 40 TH development Orlando FL
$6 Million Investment
Acquisition= $3,000,000
Development, infustructure, clubhouse and 3 model homes=$3,000,000
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90 Single Family Homes
Avg sq/ft=2400
40 Town Homes
Avg sq/ft= 1800
Total sq/ft=288,000
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Cost of construction
288,000 sq/ft x $80 = $23,040,000
Projected Sales Price
288,000 sq/ft x $135 = $38,880,000
Gross Profits
$15,840,000 - 6,000,000
$9,840,000.00
Most Popular Reply
Kevin Priester what area will these be built? Are you the builder? If so, what other communities have you done? Time frame?
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