08-23-2019, 04:10 PM
To the $19M construction cost you should add the value of the land -- maybe something in the range of $5M to $10M, at a rough guess. Plus development fees to the city/region, and commissions to the agents.
Not saying it's not profitable, but if it were THAT profitable there would be even more of a gold rush!
Not saying it's not profitable, but if it were THAT profitable there would be even more of a gold rush!