Business For Sale Listing 152477
Condomium Construction
Status as of Dec-4-2008 at 06:00 PM: Active
Business Summary
Approximately twenty years ago, this Company realized the need for the development of a Comprehensive Living Community (“CLC”) in central Pennsylvania. The Company first built an Active Adult Community of 155 homes, which are fully occupied with a population of 350. Then approximately four years ago, the Company acquired additional land; 129 acres, of which:
• 17 acres were sold to a Joint Treatment Authority;
• 27 acres on which 39 building lots were designed; &
• 4 acre parcel which was sold to a separate entity that built a 70 bed assisted living facility.
The Company is now interested in partnering with a real estate developer or contractor with financing to construction six separate two-story units, each containing twelve condominiums.
Categories
Industry
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Financials
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