Ginn Group Presents Turner House Depot

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$4,500,000

DEVELOPMENT Opportunity MASTER P N SUBDIVISION

GINN GROUP PRESENTS TURNER HOUSE DEPOT, A CONSTRUCTION-READY 287-LOT SUBDIVISION IN MOUNTAIN HOME, IDAHO.

Project Description Turner House Depot (THD) is an approved Planned Unit Development that will fulfill the growing demand for attainably priced single-family detached housing. THD consists of small-lot, primarily single-family detached homes, several attached townhomes, a community center, and a park to meet the local community's needs. THD will perform well as a single-family for-sale product, build-for-rent community, or a mix.

HOME PLAN OVERVIEW • 233 detached two-story single-family homes • A mix of both alley and front-load homes • 32 two-story primarily attached townhomes • 22 two-story live-work style townhomes

COMMUNITY AMMENITIES In addition to the beautiful homes, THD will feature a community building for residents with space for optional neighborhood commercial use, such as a coffee shop or a taproom. Residents will also enjoy a neighborhood park, walking paths throughout the development, and shared parking spaces for the common areas and guests.


LOCATION Turner House Depot is 28 acres spanning two tax lots or parcels in the beautiful city of Mountain Home, Idaho. This premium location is the largest city in Elmore County and within easy commuting distance to downtown Boise.

TAX LOTS RP03S06E277200 & RP03S06E277505

*Home plans are are available for purchase, but are not included in the list price.


Planning and Engineering The site is a fully approved Planned Unit Development (PUD), with engineering and construction approval anticipated no later than March 31, 2022. The city permits construction phasing, and Ginn Group is providing several Phase 1 construction alternatives with the due diligence materials. Provided that finished lots are consistent with the engineering and final plat approvals, there is significant flexibility in the construction phasing approach.

Due Diligence Materials AND Construction Cost Due Diligence materials include the PUD and Plat Approval, engineering plans, and a horizontal construction cost estimate. Developing all 287 lot in one phase is the most cost-efficient approach and will cost approximately $20,000/lot if developed in one phase. Several options for Phase 1 of construction are also included, with the per-lot cost for a smaller Phase 1 closer to $40,000/lot since Phase 1 will necessarily include construction improvements that will benefit future phases. The due diligence materials include our conceptual house plans developed specifically for THD and can be purchased if needed for construction. For more information, please connect with Phil Wuest: phil@ginngrp.com or 360.768.5032


ABOUT

Ginn Group is an award-winning residential developer whose core purpose is BUILDING SOMETHING MORE by focusing on community needs. We currently have 25 active development and construction projects and have successfully developed more than 100 new communities, totaling approximately 3,000 housing units, over the past decade. We put careful thought into every aspect of the communities we create, planning meticulously thinking of how to enhance the experience. Because we know you can’t simply build walls to sell a home where people want to live. You have to build a community where people want to experience life. From the quality of our work to our effective communication to our dedication to collaboration, Ginn truly cares about creating places where people want to live. Let’s build SOMETHING MORE together.

ALLEY-LOAD TOWNHOMES IN VANCOUVER, WA

NARROW LOT SINGLE-FAMILY HOMES IN VANCOUVER, WA

Phil Wuest, CHIEF DEVELOPMENT OFFICER

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phil@GinnGrp.com

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360.768.5032