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Signing the contract for 5.5 acres of primetime land for $1,252.000
Another development moving forward. 🚧 We’re getting ready to sign the contract on Deo Drive, and now we’re working through the highest and best use of the site. Option 1: 1–2 restaurants out front + Flex Office Warehouse in the back. Option 2: Go all-in on Flex. One of the big deciding factors? A potential traffic light that could cost $250K–$350K — and determining who participates in that cost. This is the part of development people don’t always see. You don’t just buy dirt and start building. You study the site, infrastructure, traffic, zoning, costs, and demand before making the move. At the same time, we’re getting ready to close out the current phase and move right into Phase 2 of MC Flex Office Warehouse. Multiple projects. More development. Keep building. 📈🏗️ #RealEstate #FlexSpace #NewConstruction #RealEstate #development
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Signing the contract for 5.5 acres of primetime land for $1,252.000
Webinar recording
For those who missed the webinar last week, I’m posting the recorded version here. Check it out and let me know your thoughts. I breakdown why new construction development is the best way to invest in real estate. I also breakdown the 5.5 acre land that we just purchased at an auction and a pro forma that shows how we plan to cash flow $503,000 a year with 6 million and equity created on one deal! Let’s go! https://l.instagram.com/?u=https%3A%2F%2Fmcempirenetwork.com%2Fwebinar-replay-926775&e=AUBmLT-By3lnTu2ImG5q2EEEb3Wt9IqZzCGXY4vs_wIWNlMKqJy_8ZvtBRo2PXksmlKYqP0IVzihYPZiHxDeuXpi2eWDnWUQ3HCFDmUBMsI9fN8vjIegMmO8dtaKnyty3oRVgMxIdiI6
Big progress on closing out Phase 1 of MC Flex Office Warehouse.
Another step closer to completion at MC Flex Office Warehouse. Today we’re locating the west and rear property lines to install a 6’ white privacy fence where our development backs up to residential properties — part of meeting zoning requirements and doing the project right. At the same time, we’re wrapping up the as-built survey and final inspections on Building 2 so our next round of tenants can start moving in September 1. This is the part of development people don’t always see — zoning, surveying, inspections, closeout, and a hundred details between buying the dirt and creating a cash-flowing asset. Building 2 is almost across the finish line. 🔥 #realestate #FlexSpace #CommercialRealEstate #RealEstateInvesting #Construction
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Big progress on closing out Phase 1 of MC Flex Office Warehouse.
From Reno Nevada (light industrial/ lay down yards)
Hey everyone. I look forward to building relations ships with you in here. I actively have under contract a 76 unit self storage facility, with a 4 bay flex shop. And I manage 2 industrial shops with contractor lay down yards. I’m actively looking at properties here in Reno Nevada. If anyone invests here, has KP capacity, or is just interested in this asset class. Shoot me a message.
From Reno Nevada (light industrial/ lay down yards)
Hi everyone!
I’m Natalie from Northern Nevada. I have some experience doing due diligence for RV Parks and Manufactured Home Communities. I have recently worked on a few Land entitlement projects but looking to really dig in and learn more.
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