Young Developer William Nickman Acquires Reseda Development Site For $761K

William Nickman, a young developer from Los Angeles, recently closed his second re-development transaction this year. Nickman, aged 26, has quickly excelled in the real estate development industry. Hailing from Santa Monica, CA, he began his career as a car salesman five years ago. With the successful completion of this deal, Nickman further demonstrates his potential in the field.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $761,000
• Address: 19630 Schoolcraft Ave.
• Market: Reseda
• Buyer: William Nickman
• Broker: William Nickman - BiggerPockets
• BSF: 4,000
• PPBSF: $190

This deal involves a development site located at 19630 Schoolcraft Ave. in the Reseda market. The transaction price amounted to $761,000, with a building square footage (BSF) of 4,000. The price per BSF (PPBSF) was $190. William Nickman, who also served as the buyer in this deal, has been making a name for himself with his successful ventures in real estate development. With his roots in Santa Monica, CA, Nickman began his career in the automotive industry and has swiftly transitioned to achieving notable success in the real estate sector.