http://www.ocbj.com/article.a

[ocrenter]

http://www.ocbj.com/article.asp?aID=74125636.1360697.1854957.663.177363.786&aID2=142680

http://www.carealestatejournal.com/newswire/index.cfm?sid=&tkn=&eid=905965&evid=1

for Viscaya, looks like these guys paid $320k per lot. assuming $100/sqft at $370k, that’s $80k per home in profit?

as for the project in La Costa Ridge, $4 million cash to purchase 34 lots, that’s $118k per lot! assuming $400k per home, that’s $518k in investment. they are hoping to selling these at $625k.

so in general, $80-110k per home in profit.