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A very stable and experienced development corporation, who has been extremely successful in identifying where the growth and demand is heading and then getting there ahead of the competition to tie up the best available sites, seeks a 50 co-owner to join with them in the very exciting Lexington Heights development. It consists of 60 acres that will be developed into 190 finished home building sites that range from 7,150 to over 10,000 square feet. This part of the county is where they are experiencing tremendous growth but still the demand will out pace the 10,000 new homes that are projected for the area over the next ten years. This is expected to be a five-year investment period with an estimated 106.61 return on investment or approximately 1,471,250 in co-owner's profit participation or 35.54 as the average annual return. They have several projects presently being developed in other states. Lexington Heights development is located in Wyandotte County, which lies just east of highway 73 and north of Leavenworth Road in Northwest Kansas City. The project is about 2 miles north of Interstate 70 and about 3 miles west of Interstate 435. The Kansas City International Airport is ten minutes north of the project off of Interstate |
