Feasibility Study for Development of an 81-unit Single-family Residential Subdivision

Download or read book Feasibility Study for Development of an 81-unit Single-family Residential Subdivision written by Russell Craig Robinson and published by . This book was released on 2011 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This project was prepared to analyze the feasibility of investment in an 81-unit single-family residential subdivision site located in the City of Lemoore, California. The site is substantially improved with infrastructure in place and appears to be ready for near-term construction at a cost savings unavailable through the purchase and development of a raw land parcel. The site was subdivided and partially completed by an undercapitalized developer who was unable to complete the subdivision due to the recent economic downturn. A site analysis, market study, marketability analysis, and investment analysis was conducted to determine if immediate construction of the site is profitable. Despite current economic conditions, the results of this Project indicate that the development of the site is an exceptionally lucrative investment opportunity and investors should consider immediate development.