David McCartney
Tombstone, AZ (USA)
Role(s):
Sonora Enterprises
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Startup
Location:
Tombstone
Industry:
Real Estate
Year Founded:
2004
Number Employees:
INVALID
Description:
We are currently developing the Walnut Valley Ranch subdivision, a 43-lot/140 acre land subdivision nestled in the foothills of the Tombstone Hills, just 3 miles northwest of historic Tombstone, AZ.
This project has been under development for almost four years, and Phase 1 (lots 1-22) is fully-approved and ready to construct, and we have our Subdivision Public Report for Phase 1 as well to begin our lot sales campaign.
Due to the current state of the economy, my loan broker in Scottsdale is having difficulty arranging the larger construction loans for this project, and although I'm not in a "panic mode" yet, time is quickly becoming a factor considering that funds from current financing will be exhausted in the next few months.
To date, I have $600,000 invested in this project,