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Updated almost 2 years ago on . Most recent reply

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Hal Reniff
  • Investor
  • Long Beach, CA
0
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17
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Buckeye, Arizona New Build Investment opportunity

Hal Reniff
  • Investor
  • Long Beach, CA
Posted

Investment Info:

Small multi-family (2-4 units) private money loan investment in Buckeye.

They will be on a foundation- “stick-built".

Estimated cost of construction.
$75k/unit
$120/sq. ft x 420 square feet. Since we are building individual units we have to consider impact fees for each unit for the city and water sewer and water line for them
to have there own meters.

Once permits are approved, we estimate the first model to be done in 2 months. As 4 homes are being constructed we project no more than 6 months...worst case scenario maybe 8 months.

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