Both Osprey Point and the Enclave are 5-acre parcels with 14 home sites each. The lots are arraigned in a box formation that are interlinked by an eight-foot high decorative privacy fence and backed by a common area. The common area includes a built-in pool, bicycle paths, playground, Bar-B-Q area and a pavilion.
Purchased 5 Acre parcel for $35,000
Sub-divided into 14 lots for $40,000 per lot
Sold lots for $560,000
Profit = $525,000 plus profit on each home built.