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Investor For Wisconsin Development For Sale
Location: United States -> Wisconsin
Industry: Real Estate > Other Real Estate

Business Summary

This listing is for a fully improved subdivision development that is looking for an investor to complete the project. The total site area is 41.8 acres and the development features a total of 32 conservation style lots. 10 of these lots are either sold, or are currently under contract so, 22 lots remain available. The entire infrastructure is complete with gas, electric, phone, broadband internet, sewer, water, storm-water management/retention ponds and tree installation. However, the final landscaping, three street lights and walking paths are yet to be completed. The average selling price per lot is $51,600 and the price points for the homes to be built on the lots are in the $260,000-$350,000 range. The units are currently listed on MLS. The market value of the entire property is valued at $1.6MM and it is being sold here for $729,000. A qualified buyer should be able to make a $60,000 profit per home. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Investment price: $450,000


Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,590,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Seeking investor to complete project

Print Listing Id: 700178421
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