This is a 36,000 sqft corner mixed use development site formerly built and operated as a motel, general store featuring a duplex with 4 Hoover Damn workforce housing huts as well as 8 RV/Mobile-home rental pads. 120 feet fronting Boulder Highway. 300 feet fronting Sunset Road. Ingress/egress on both fronting roads. This development site can accommodate an estimated 17 unit single family detached build for rent community. 18 month is the anticipated development project completion timeline. $265,000 annual gross rent roll. Delivering 17 units of 1000 sqft private lots featuring 400 sqft small footprint single family detached studio homes with private yards each available to rent for $1,300 p/mo. Realtime, market rental rate info in the area for condo is $1,850 p/mo and single family detailed is $2,250 p/mo. Project cost is about $3.3m. Estimated as complete and stable value to be $4.36m. Asking price for the land in its current condition is $1.25m firm. Cost to razor the site is $60,000. $1,020,000 is the vertical construction cost (or manufacturing cost). $880,000 is the horizontal construction, design, engineering and development costs. Prioritization of project funding is as follows: $864,000 ($48,000 Average Draw Down Per Month for Development, Design, Engineering & Construction on commencement) $1,200,000 Land Acquisition Cost (0-90 days) $102,000 Manufacturing Deposit (30-90 days) $900,000 Manufacturing Balance Due on Shipping (365 days from commencement, 180 days from project completion) As complete valuation based on 4.75% Capitalization Rate with an 80% NOI, $1,300 rate on 17 units.