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Diligence Checklist
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Posted by Terry McKee
Existing Resort in foreclosure and up for auction. Mismanaged badly. Appraised $65,000,000 several years ago. Has 2200 acres with 680 left for development, plus a beautiful marina, 2 gold courses, condos, appartments, restaurant, etc. I ALREADY have the financing and an option to buy before auction for $14,000,000, but need a strong financial partner(s) to join with to qualify. I build homes and commercial buildings, and build with maximum profit. Need $2 million more equity to be refunded when deal closes. Must close before September 3. Am ready except for partner(s). Have much information available online. Email for more information: terry@theconcretehouse.com