WOODS III

Peekskill, New York

Description

Property Description: Purchased partially completed subdivision approved for 306 condo units

Development:

Completed development of subdivision including roads, water sewer, drainage, lighting and other requirements of local approvals, finished partially completed condominium town homes in Phase 1, developed and sold all units in Phases 2, 3 and 4

SUMMARY STATISTICS

YEAR PURCHASED: 1993

PURCHASE PRICE: $3,100,000

YEAR SOLD: 1998

SALE OUT: $43,339,200