Mary and Ken Cenell
Eagle, ID (USA)
Role(s):
Rivendell Music Academy
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Startup
Location:
Eagle
Industry:
Education
Year Founded:
2005
Number Employees:
INVALID
Description:
Rivendell Music Academy presently operates a community music enrichment school and needs capitol to open a private high school for the performing and visual arts. Rivendell owns the 5.46 acres of MU land in Eagle, ID on which we intend to build the Academy. This land is zoned and has preliminary plat, but is 120-150 days from final plat. This creates an opportunity for owners and investors to benefit from rapidly increasing values of commercial property at final plat. With the conclusion of final plan the development will have seven (7) commercial lots valued at approx. $374,000 each a for a total of $2,300,000 (computed at $11/sqft with 12% loss for roads and sidewalks).