Market Commentary
Real Estate Developer Needs Partner
October 16, 2012 | Posted by: Francine Tracey
Prime Mount Pleasant Development Ready to Break Ground
Did you ever wish you could make the same profits as the real estate developers? Now's the time
Established East Van developer is looking to sell 1/6th ownership in development property to finalize capital needs for the project. The land has been through the development application process and they are ready to break ground. Project in prime Mount Pleasant neighbourhood at 7th and just off Main.
The investment required only $150,000. 5 commercial units projected at $560 per square foot end value, conservative projections, yielding over 60% return to the investor for over 18 months. (Developer's Estimate).