13 Acre Land development inside city limits

[Naor Biringer]

Investment Info:

Other commercial investment investment.

This is a Land development deal, I cannot yet discuss the financial details because this deal is not completed .
I can say it is a very unique investment in the beautiful town of West Tawakoni.
I bought this 13 Acre Lot and divided it to 12 buildable lots. It has a long living pond in the center of it, which I plan to declare as nature reserve and install a walking trail.
In this deal I dealt with surveyors, city- county, city engineers, recorder new 911 addresses, promoted a new neighborhood to city council and now ready to build.

What made you interested in investing in this type of deal?

minimum liability

How did you find this deal and how did you negotiate it?

of the MLS

How did you finance this deal?

50% equity partners
50% private Banks