Description
A true turnkey development opportunity.Property features 16 approved lots and 6 existing townhouses that are rented, generating income, and that have historically stayed fully occupied. Benefit from the existing units to generate cash-flow while you finish developing the remaining units. Complete architectural and engineering plans included, all approved by the city allowing you to break ground on day one. Two of the existing townhouses consist of 3 bedrooms and 2.5 bathrooms, while the remaining 4 townhouses consist of 2 bedrooms and 2.5 bathrooms. An abundance of single-family homes and multifamily communities in the surrounding area indicate high rental demand in one of the nation's most robust markets.
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0BEDS
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1.67ACRES
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0BATHS
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01/2 BATHS
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7,904SQFT
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$177$/SQFT
School Ratings & Info
Description
A true turnkey development opportunity.Property features 16 approved lots and 6 existing townhouses that are rented, generating income, and that have historically stayed fully occupied. Benefit from the existing units to generate cash-flow while you finish developing the remaining units. Complete architectural and engineering plans included, all approved by the city allowing you to break ground on day one. Two of the existing townhouses consist of 3 bedrooms and 2.5 bathrooms, while the remaining 4 townhouses consist of 2 bedrooms and 2.5 bathrooms. An abundance of single-family homes and multifamily communities in the surrounding area indicate high rental demand in one of the nation's most robust markets.
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