Sold in 8 Month with a 136% return
Annualized Return / IRR: ~262%
Conveniently off Highway 8 on Hartley Rd across from Fisher Rd. Backs Southside Swim Club
Originally, we had three business plans for this land:
- Plan A: Build a 90-pad RV park (we had already begun the entitlement process and lined up a specialized broker for a sale post-approval).
- Plan B: Subdivide into 13 two-to-three-acre home sites — the sweet spot for the strong local demand for large homesites.
- Plan C: Develop four luxury home lots — we even had a local builder eager to partner with us.
