Multifamily Land I want to develop

[Matt Lyons]

I purchased a 14 unit property on 3.5 acres in Clinton IA.  I have learned that I can divide off 2 of these acres that currently is a field with some woods.  The new parcel is already zoned Multifamily and I can likely put up 40 units on this much land.  The city has told me the only restrictions are building needs to be 25ft from the road and cannot be higher than 45ft tall. I am considering putting up a container box apartment building or putting together a syndicate (or working with one) to make this project come together. The property is "in town" so to speak so utilities are near the building site.

Clinton, IA has a number of good economic trends going on with a land based Casino, a new Purina plant and some positive downtown reconstruction.  In addition, there is plenty of Section 8 money available in this area so the property can easily be built to meet Section 8 standards.

I have done a number of single family flips and also bought and held a number of multifamily buildings but I have not done a project of this size from scratch.  

I am looking for any of the following:

1. Someone to help me take this to a syndicate level

2. Someone interested in buying the land from me that knows how to develop

3. Someone familiar with grants and government lending programs to bring this develop to market

In short, reaching out to the BP family and trying to find any resources to help take this off my hands or work with me to bring this potential to market in the most profitable way possible