0.89 ACLand / Multifamily$2,750,000Sale
Amazing value! Designated Multi Unit Attached in the Mission OCP - this property is poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two large developments in the immediate area by reputable developers. Site is improved with a 5 Bed home in a great setting. Water/Drainage infrastructure already exists along Bannister with Sewer connections coming from developments to the north. (construction underway). With a typical yield of 22 UPA on townhome land - you could potentially achieve 18-20 townhomes on this site.
Amazing value! Designated Multi Unit Attached in the Mission OCP - this property is poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two large developments in the immediate area by reputable developers. Site is improved with a 5 Bed home in a great setting. Water/Drainage infrastructure already exists along Bannister with Sewer connections coming from developments to the north. (construction underway). With a typical yield of 22 UPA on townhome land - you could potentially achieve 18-20 townhomes on this site.