off market wholesale for sale today build 25 condos or apts on land (LAS VEGAS)

LOCATION: LAS VEGAS
BUILD OUT FOR 6 MONTHS

summary
igress and ingress is done
utilites are on site already
zoned r-4 condo or apts
if you build to condo spec can be uses as apartment rentals or sold separate units

pencil
build 49500 each unit
sale 79500 brand new
plans 35k to draw and submit to city
land 250k

option one is to sale condo
option two is to keep as cash flow revenue and rent.

summary
rental income 900 x 25= 22500 a month
rental income annual =270,000
pay off project in 5 years after that pure profit

summary sale units
sale 25x 79900 = 2 million
land and build out 1.3 million
profit 700,000

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