I am looking for funding for property acquisition and construction financing to develop a Townhouse Project, in Meridianville, AL 35759, an unincorporated suburb of Huntsville, AL. Projected is to construct five (5) four-flex buildings for a total of 20 single & two story, of 2 b/r, 2 bath, 2/car garage and 3 b/r, 2 bath, 2/car garage. Projected cost is $3,500,000. Will build 2 buildings initially, (expecting pre-sales while under construction) then 2 building, incrementally until all are sold. Project will include a clubhouse & pool.
We also have planned to develop an apartment complex to hold and rent of some 20 units.
My family has been designing, developing, building, and marketing both residential and commercial properties in Madison and Limestone Counties, Alabama since 1981.
Thanks for checking out the site. We have 2 articles that I think will be helpful. 1 is on FHA multifamily loans and 1 is on multifamily financing.
Best of luck,
315 Madison Avenue, 24th Floor
New York, NY 10017
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