A client is looking for a joint venture to do a residential apartment in Eldoret. The client is having 0.5 acre parcel of land in West Indies valued at Ksh.7M. After the apartment is completed, some units will be sold to repay the funds injected or the joint venture partners will agree on dividing the units based on capital injected. The amount of money being sourced is Ksh.60M.
The apartment plan is not yet drawn. The estimated cost is based on a previous project which cost slightly less than the Ksh.60M.