Holland: Firecrown bought 1,500 acres of opportunity zone land for $1,500/acre
Preston Holland · This $50M/Yr Side Hustle Is On Track To Make $1 Billion By 2030 · Jun 3, 2024 · at 13:00
Preston Holland details the land acquisition economics and customer deposit metrics for Firecrown's airpark development project.
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“We bought the acreage around 1500 dollars, 1501 five in an acre. So it was really cheap land. It's also in an opportunity zone. So there's a lot of tax incentives for making investments in that area. And then we are, we've taken twenty five million dollars of free deposits.”
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