While some markets for developed lots are priced too high, and the county is six + months on approvals, take a short trip south.... Picture this: 58 lots, Paved streets, curb and gutter, public water and sewer,high density lots with preliminary final plat approved! What would that look like? N I C E, right? Bank owned assets available. Macon, GA market with amenities, schools, interstate access, and appeal worth taking a looking at. I picture $150,000 build out price point, meeting the high need of first time home buyer homes, do owner finance on the first three sales with a balloon to get your sold comps and you're set. In and out in 20-25 months. Maybe 36.
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