$625,000

About This Property

This property presents a rare development opportunity featuring a 24-unit condominium or apartment complex in the final stages of approval. The sale includes all necessary approvals, allowing a streamlined path to completion. The project is thoughtfully designed with a mix of one- and two-bedroom units, all featuring modern open floor plans (see attachments for layouts). Significant progress has already been made on site. The majority of the infrastructure has been completed and inspected, including access roads, storm drainage systems, sanitary sewers, city water connections, and underground utilities such as electric, telephone, internet, and gas. Portions of the parking areas and sidewalks have also been installed. For efficient construction planning, the development is structured in two phases: Phase One: 12 units Phase Two: 12 units. This phased approach offers flexibility for builders and investors while minimizing upfront risk. For additional details regarding this offering, please see the listing agent.