Fantastic development opportunity. 13 - (6 plex lots) entitled! Perfect investment for a developer or a builder. Approved build ready or build to suit. Per approved build plans are for 78 units. 39- units are 2 bedroom, 2 bath and 39 units are 3 bedroom, 2 bath. Each 6 plex offers 3 - 2 bedrooms and 3 3 bedroom layouts. Building permits are submitted under old energy codes saving YOU thousands! The added plus, this property is situated in an opportunity zone! Everything is set up from the improvements and costs to the vertical budgets and floor plans. The current underlying loan has an escrow balance to complete a large portion of the improvements. This lender may allow an assumption and has committed to participate with the verticle.
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