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Updated over 4 years ago on .

User Stats

58
Posts
32
Votes
Bear Geiger
  • Developer
  • Clayton, NC
32
Votes |
58
Posts

60 home community just minutes from Raleigh, NC !

Bear Geiger
  • Developer
  • Clayton, NC
Posted

Investment Info:

Other other investment in Middlesex.

Purchase price: $262,500

We purchased 73 ac of raw land where we are building a beautiful community for about 60 first time home buyers.

We found this property in early January and took it from contract to closing in just 49 days.
Just 24 weeks later we had County approval for the first 8 lots and had our first contract 3 weeks later.
We have now sold all 8 of those lots and are working to record the remaining 15 lots to complete Phase 1
We expect to complete this 3 Phase project in Spring of 2022.

  • Bear Geiger