4 unit townhouse development

[Jordan Connett]

Investment Info:

Townhouse commercial investment investment.

Purchase price: $650,000
Cash invested: $150,000
Sale price: $770,000

townhouse development

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

upside

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

bought lot zoned correctly and redeveloped it.

How did you finance this deal?

yes

How did you add value to the deal?

comped the final product type and calculated build costs.

What was the outcome?

so far so good

Lessons learned? Challenges?

dont do basements

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

self represented