Florida Land Development Project 1 / 24 Acre

ID#: JCS-1013
Funding Opportunity :: Project 1 :: Project 2 :: Developer Information

Company Quick Look:

Land Development Company Seeking Equity Investors for up to four projects in Florida

Profitable Company

Several Development Projects Underway - participate in one or all

3 year projects - in and out in 3 years or less

Deep experience with a crew of exceptional professionals

12 successfully developed projects already completed

High Growth Area

Prime Lots to Be Developed - entitlement 90% complete

All Lots Include Boat Docks & Water

West Coast of Florida, in massive growth area

Developer specializes in horizontal development - and taking projects through permitting. Then selling to others to do the building and actual lot development

Land Development Description:

Project 1:

  • 24 acre - 134 unit multi and single family luxury residential lot development.
  • Located on a very nice river which flows into the Gulf of Mexico, less than 2 miles from open water.
  • High profile location in Southwestern Florida near Naples and Sarasota.
  • Private entrance secured gated community with buffers from neighbors.
  • Zoned, has a pending Development Order, and close to being final plat approved.
  • Adjacent to public utilities and developable with 92 private boat docks.
  • Protected access to boat docks to be shared by all home owners.
  • Amenities will include: a clubhouse, swimming pool, tennis court, a gazebo, a walking/running path, a community boat dock, and a kayak/canoe park with a picnic and barbecue area, 92 boat docks located on 3 water sides of the property. The boat docks allow for 30' to 80' boats and will be priced and sold individually.

Financial Summary Project 1 :

  • Project total Net Income: $19.5 to $26.5 million.
  • Equity sought: $6.0 million.
  • Return to Investor Expected (within 30 months): $17.0 to $20.8 million.
  • Ownership Granted: 45% of the LLC.
  • Position Granted: 2 nd position mortgage with 15% preferred return and equity participation.

Aerial view of the property

 

NOTE: Detailed information on this seller is available to interested principals only. A professional and experienced M&A consultant will contact you directly with a request to provide documentation of financial qualification. After which you will be required to execute a Confidentiality Agreement / NDA.