A former government property with 8.59 acres, a 3,000-sq ft building, and a rare 1,000-ft horizontal antenna is listed for $89,000, about $10,000 per acre. The plan: subdivide and resell the lots at $20,000 per acre to double the value.
Chapters
It says the property contains 8.59 acres, uh, and is improved with a 3,000-square-foot building, 800-square-foot maintenance, 165-square-foot shed, 64-square-foot storm shelter, and a 1,000-square-foot horizontal antenna. 1,000-foot horizontal antenna, not vertical, horizontal. I don't know, I've never seen a 1,000-foot horizontal. I think that's what that weird structure was laying the way it was. So This being an ex-government, uh, uh, place, like, this was, this was where, uh, like, government activity happened. So you got to worry about a lot of things here. But 9 acres for $89,000, that's only like $10 grand an acre. That ain't bad, that ain't bad. Ready for this? We buy a big piece of property, we get it for $10,000 an acre, we turn around and auction it off for $20,000 an acre by splitting it up and auctioning it, right?