Property Discriptions

Evelyn Ave: This property consists of two lots in a very good neighborhood in Mill Valley CA. The going rate for new houses in the area is about $1000 per square foot. This property was a great deal at $350k per lot.
Purchase Price 700,000
Cost to Develop 2, 500,000
Future Value 5,000,000
ROI 1,800,000
Time to complete 24 months
Percent per year return. 28%

Hillcrest Rd Mill Valley Ca
This property consists of two lots. One of the lots already has a house on it. This property is in a very good location in a very desirable neighborhood. New houses in this area are worth $1000 per square ft. The plan is to move and remodel the 4000 sq ft house to like new condition and build a second 4000 sq ft house on the second lot.
Purchase Price 2,000,000
Cost to develop 3,000,000
Future Value, 8,000,000
ROI 3,000,000
Time to complete 24 months
Percent per year return on investment 30%

Montego Project
This property is in Danville CA. It is a very large lot with a fantastic view and close to downtown. The value of new homes in this area is $800 per sq ft. The plan is to build a 7000 sq ft home on one half of the property and a 2500 sq ft house on the lower half. For a total of 9500 sq ft.
Purchase Price 1,000,000
Cost to develop 4,000,000
Future Value 7,000,000
ROI 2,000,000
Time to develop 24 months
Percent per year return on investment. 20%