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10 Acres of raw land. What to do?
Posted on 8/24/24 at 9:32 am
Posted on 8/24/24 at 9:32 am
Sitting on 10 acres of raw land in northern R-Kansas. 5 on each side of a residential road across from each other. 5 backs the Arkansas Grand Canyon. Debating what I should do with it for the largest long term ROI.
- Sit on it, I don’t need to sell
- Break it into 1 acre sections and sell each and invest the proceeds.
- sell all of it together and invest the proceeds.
- break 1 acre out and build a small log cabin and sell or ST rent. Take the profit and repeat the process.
Opinions?
- Sit on it, I don’t need to sell
- Break it into 1 acre sections and sell each and invest the proceeds.
- sell all of it together and invest the proceeds.
- break 1 acre out and build a small log cabin and sell or ST rent. Take the profit and repeat the process.
Opinions?
Posted on 8/24/24 at 10:36 am to LSUOFFSHORE
Build a vacation home on for you and the family.
Posted on 8/24/24 at 10:39 am to GREENHEAD22
quote:
Build a vacation home on for you and the family.
I would like to keep 1 acre on the side with a view for this exact thing.
Posted on 8/24/24 at 11:09 am to LSUOFFSHORE
frick having 9 other neighbors, vacation and neighborhood is the opposite of what I would want but each their own.
I am not a fan of people though.
I am not a fan of people though.
Posted on 8/24/24 at 1:19 pm to LSUOFFSHORE
quote:
5 on each side of a residential road across from each other. 5 backs the Arkansas Grand Canyon. Debating what I should do with it for the largest long term ROI.
trailer park
Posted on 8/24/24 at 3:46 pm to LSUOFFSHORE
Keep the 5 acres that back to the canyon.
Sell the 5 acres across the street either as one parcel or 5 one acre lots.
Use the proceeds from the sale to build a nice vacation home on the land you keep. Rent it as short term rental if you want the extra cash.
Sell the 5 acres across the street either as one parcel or 5 one acre lots.
Use the proceeds from the sale to build a nice vacation home on the land you keep. Rent it as short term rental if you want the extra cash.
Posted on 8/25/24 at 10:14 pm to LSUOFFSHORE
Location?
Asking for a friend.
Asking for a friend.
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