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Updated almost 6 years ago on .
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Oxon Hill 3-Lot Subdivision Project
Investment Info:
Single-family residence other investment.
Purchase price: $20,000
Cash invested: $8,000
Sale price: $89,250
A wooded 1.35 parcel residentially zoned parcel 7 miles from Washington DC, and 7.5 miles from Amazon's new DC metro headquarters. Sold to developer during the process of subdividing the parcel into 3 buildable lots.
I specialize in residential land subdivisions. Our high-tech, mass marketing strategies feature the axiom that the money is made in the purchase. First investor partnership.
What made you interested in investing in this type of deal?
I specialize in residential lot subdivisions.
How did you find this deal and how did you negotiate it?
High-tech mass marketing for distressed land.
How did you finance this deal?
Investor
How did you add value to the deal?
3 lot residential subdivision
What was the outcome?
329% return in one quarter
Lessons learned? Challenges?
I learn from every land deal I accomplish. The Maryland-specific details of deed recording was instructive from this deal.
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