We acquired 21 acres of land, walking distance from the State Capitol Building and downtown Carson City, NV with the intention of building detached townhomes. Our map was approved for 149 homes in 2019. COVID-19 shutdowns have delayed construction, but it has opened up now. Demand for these homes has been strong as they are being offered at the median home price of the area, and there is currently a shortage of homes. Investors are expecting a 15% preferred return plus share of profits.
Little Lane at Carson City, Nevada
Status: Closed but In-Progress