June 03, 09 Page 1
June 13, changes
Puma Ridge Land, development and construction costs.
The following costs are based on a McCall area property currently for sale June 2009.
LAND Development costs
110 acres at $12,200 per acre $ 1,342,000
75 home sites, lodge and exterior amenities.
$29,000 per home site. $ 2,175,000
75 at $200,000 each $15,006,000
1640sf at $122.00/sf
LODGE $ 560,000
MANAGEMENT $ 2,481,000
$21,564,000 divided by 75 residences is $287,520 per unit
to the first few investor/owners
Actual costs will be determined by these investor/owners, depending on what amenities, location and type of construction they choose.
Once these decisions are made, the non-investor/owners will pay $16,000 to $22,000 more per residence, resulting in the return to the investor/owners
Maintenance, utilities, taxes, snow removal etc...
$400 to $800 per month
Note: at present time, there are some bank owned, partially or fully developed properties that could be purchased for less than cost to develop.
* These costs include commissions, planning and zoning, engineering, surveying, etc...
COME TO THE SANCTUARY OF PUMA RIDGE RETREAT.