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Updated over 6 years ago,

User Stats

16
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0
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Chris H
  • Real Estate Investor
  • aurora, CO
0
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16
Posts

Help with first development project

Chris H
  • Real Estate Investor
  • aurora, CO
Posted

My partner owns land outright in Edmond, OK.  The property is in a very desirable area with a strong market and limited multifamily.  We are looking into developing the land into multifamily (quads or duplexes), but have never done this type of project.  I found that the property resides in an unincorporated area with no zoning requirements, but city water and utilities can be accessed.

Not knowing where to begin we are hoping for guidance on steps.  Needing to understand;

1) best way to get build plans and find a reputable small multi family builder?

2) determination of where/how to get utility lines run for the buildings (water, sewer, electric, gas)?

3) without zoning restrictions how do we determine best unit fit for property?

4) contracting with a builder - are there generic contracts to start with and have a lawyer alter to fit?

Thanks for any help and guidance!!

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