Minor Subdivision Update!
Big news on my end!
Just got word that my minor subdivision in Franklin County, NC got approval to begin building our private road!
We began the project back in October and the last 3 months we've been patiently waiting for the county to approve our site plan to turn 6.5 acres into five 1 acre lots and a private road (type 2 road). Now that we got the approval on the site plan, we have to post a Bond with the NCDOT, and then we can begin construction on the road!
Once the road is done, we'll be able to record the new lots and start building 5 manufactured homes!
This is a much longer timeline than our normal infill lots because of the entitlement process, but once this is recorded our cost basis per lot will be way lower than anything we can buy in this area as an infill lot. Excited to share more updates as they come!
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Sean Ade
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Minor Subdivision Update!
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