Home building partnership available

Roswell, GA (Fulton County)

Seller Financing Available
Home building partnership available
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Asking Price: $1,400,000

Cash Flow: $2,100,000

Gross Revenue: $6,300,000

EBITDA: $1,050,000

FF&E: N/A

Inventory: N/A

Real Estate: $1,400,000*

Established: 2010

*not included in asking price.

Home building partnership available

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Business Description

Limited Partnership available . Owner has 7 custom home lot project. I am looking for someone to qualify to buy the lots at $1,400,000 . Owner will fund the spec. Home and split profits. Estimated profits are $2,000,000. You will probably need good credit and $280,000 down.

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Detailed Information

Location:
Roswell, GA
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
0
Facilities:
7 lots in pristine setting located in woodstock ga. Homes can sell for as high as $800,000 but even at $650,000 would guarantee $1,000,000 each. Can all b e built in 12 months. Lots include access to one mile of river, two bamboo forest, two ponds stocked with bass. Holistic trails 2 miles. Inside a neighborhood but with separate gated entrance. Beautiful sunsets tons of wildlife good schools low taxes. (Home Based)
Competition:
These are one of a kind 1 acres plus lots backing up to wildlife preserve
Growth & Expansion:
The sky is the limit. Leverage your investment and or ability to finance land and owner will commit to funding first home for spec. And split profits
Financing:
$280.000 down will get you a 80% loan for land , owner to fund spec home
Support & Training:
Owner is builder but will welcome builder as well to partner with.
Reason for Selling:
This is a start up opportunity . Owner wants to partner with investor
Home-Based:
This business is Home-Based
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Business Listed By:
John Buffa

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