Talk of The Villages Florida - View Single Post - How Tall Will They Be?
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Old 09-25-2020, 05:00 PM
John41
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Originally Posted by Rga20 View Post
So the 7 high end homes with a 30% margin will generate a littke mire than a million dollars profit...once. At an average of 2000 per month the apartments will generate 6.5M per year...year after year. Even with a larger investment to start the apartments win hands down from a pure dollar perspective.
From a pure dollar perspective turning the golf courses into high rise apartments wins hands down too. But the Villages sold a lifestyle and I think kicking a hornets nest of angry Villagers might not be wise.