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Updated about 7 years ago,
Experienced Professionals/Investors, LOOK HERE.
Development property located in Seattle, WA.
Mixed use: commercial/residential
302 apartment units.
Approximately 89,000 sq ft.
Zoning: NC2-40
The balance for the land is not due until Aug. 2018. To get the permits and have the property "shovel ready" is going to cost an additional 2 million.
What is the best way to invest in this property? Should it be through private investors, hard money, bank?
Please let me know your thoughts on such a deal. My preference is to finance the deal to build the property and generate the cash flow. However, will anyone lend to finance everything? The land alone is 8 million.
Offering