7 lot development Umatilla, Umatilla, FL 32784

Multiple Family

Property Status: Available (Wholesale) |  For Sale: $300,000.00


Property Photos


READY TO BUILD RESIDENTIAL CONSTRUCTION PROJECT IN UMATILLA! – (HUGE RETURN!)


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $300,000.00
Property Details:
Multiple Family
Property Style:
5+ Units
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
First Alliance Capital
(407) 668-4396

View on Individual's Website
Property Description:

7 lot development project approved at $300,000

This deal will be a home run for the right investor.  Everything is in place already including floor planes, permits, builder, and even a construction loan at 4% with deferred payments for 14 months!  Full specs and project details available upon request.

6 lots
separated with a width of 85ftx 180ft
deep.
-1 Custom Home-Suggestion-2,500 Sq
ft. main-5 Bed 3 Bath- w/ 500 Sq ft in
law suite including 1 Bed 1 Bath.
Totaling 3,000 Sq ft.
-Custom Home to be placed on the 7th
lot which is larger then all standards.
-6 Standard homes total sq footage is

1732 sq ft. x 6=10,392 sq ft.
-Standard+Custom total sq footage =
13,392 sq ft.
-Build approved and ready at $90.35
per ft bringing total construction cost to
$1,209,967.20 for all 7 units.
Home Build Specs Construction Breakdown
-Construction loan in place



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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