Luxury jet-liner view homesites in Northeast Catalina Foothills of Tucson

[Jerry Braun]

Investment Info:

Other other investment.

Purchase price: $1,000,000
Cash invested: $1,000,000

40 acre development property for custom homes, adjacent to 160 acres of prior development. will be $200,000 to $350,000 wholesale, and 500,000 to 750,000 retail sales for large gated custom homesites, 5 acres avg.

Lots sold at $550,000, some up to $1,200,000 for highest lots in prior market pre 2008.

New deals now as wholesale deals appear. We bought more lots as they came up over past 10 years. It all happens on the buy side, makes it easy to be profitable, super safe in our low basis

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

Love Land deals in our area of expertise. Adding on to our already improved roads and utils in our gated community i developed

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

Worked with current owners over past two decades and when it was time to sell, we were here

How did you finance this deal?

Financing this deal now to complete development via wholesale investor sales

How did you add value to the deal?

Add access via our Roads and Utils we installed as well as future dev plans