Joint Venture Partner with 400K for Multifamily Development

6061 Fulton Ave, Van Nuys, CA 91401

$3,800,000 After Repair Value -
$1,450,000 Asking Price -
$1,310,000 Cost of Repairs =
$1,040,000 Potential Profit

Property Details

Asking Price $1,450,000

After Repair Value $3,800,000

Costs of Repairs $1,310,000

Potential Profit $1,040,000

Living Area N/A

Property Type Multi-Family

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

Gound Up Construction partner need 400K Owner Financing We will build with our cash.8 Townhouse Units to be Built Initially as an Apartment Building• An Existing and Drawn Condo Tract Map Awaits Election of the Owner for Later Individual Condo Sales and is Currently Not Approved• The Project consists of 8 Large Townhome Units with Private Entrances and Private Rooftop Decks• The Unit Mix is as follows: FOUR (4) – 3 Bedroom/ 3 Bath & FOUR (4) – 2 Bedroom / 3 Bath Units

Repairs Needed

Ground up Construction Project


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