Alex texted us yesterday and wanted to know if we had a post he could “tag-on” to. We didn’t have one ready, but I looked in our “Tim’s birthday pics” folder and found these dudes in black. I feel a bit bad about stealing these from a buddy’s birthday folder, but, hey… Tim’s birthday isn’t till August so we’ll have time to re-stock. Or… maybe this is a bonus birthday post for a good friend and fellow Missourian 🙂 xoxo David
In late August, we were contacted by a developer/builder out of St. Louis who wanted to know if we would consider selling the project. We said something like “thanks, but no thanks.” Then, one day this young guy showed up on the site. He said his dad owned the company that was interested in buying the project and asked if we’d at least talk with him. So we did. It seems this builder/developer has been active in St. Louis and the Lake of the Ozarks for years and had decided to start building at Table Rock. They really like our project and made us a very attractive offer. We reviewed it with our attorneys and decided to accept it. Essentially it gives us a small profit on the land, design, engineering, legal costs and all the work we’ve done – and a 2 1/2% commission on the sale of each townhouse. That might not sound like much, but with 88 units selling for more than a million dollars each, it’ll add up!
We’ll keep you posted. xoxo Alex and Cal