Construction started on this 22 unit unit condo development with a 2 unit mixed use building. Sitework has started and foundations are in the process of being done and will be sold frame ready with foundations in place ! (Over 300k Invested) Design for 3 bedroom , 2.5 bath 1 car garage townhomes . All with private driveways sitting on 2.25 acres of land. Sales Comps for the finished units are in the 525K + range ! Property includes approved site plans and construction plans (A minimum 200K savings) Ready to build immediately , Includes a mixed use building up front with an office on 1st floor and a 1 bed apartment on 2nd . Over 300k has gone into renovating that building and only insulation , drywall and inside finishes left . 2 miles to highway and also 4 miles to train station . This property will also be close distance to the phase 2 train station . Effective price of 68k per permit. No waiting to build as permits have already been started .
