Description
This home anchors a 1.53 acre, 8 parcel development opportunity w/views of Budd Bay, Marina, Olympics, Capitol & Black Hills. Currently home generates monthly income for investment partners pursuing development as either a 40 unit apartment complex or 17 view townhomes with 3 townhomes on Pear/Prospect lots. Developers are near completion on permitting for townhouse project and will consider a joint venture or cash out including plans, surveys and permitting in process. There is also an opportunity for a fractional ownership/partnership investment for either multi-family apartment complex or townhouse project. Townhouse community plans submitted to City available for review. Outstanding location with views and proximity to city amenities.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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1,512SQFT
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$1,521$/SQFT
School Information
Listing Courtesy of Pettit Realty Llc: 360-459-1234.Description
This home anchors a 1.53 acre, 8 parcel development opportunity w/views of Budd Bay, Marina, Olympics, Capitol & Black Hills. Currently home generates monthly income for investment partners pursuing development as either a 40 unit apartment complex or 17 view townhomes with 3 townhomes on Pear/Prospect lots. Developers are near completion on permitting for townhouse project and will consider a joint venture or cash out including plans, surveys and permitting in process. There is also an opportunity for a fractional ownership/partnership investment for either multi-family apartment complex or townhouse project. Townhouse community plans submitted to City available for review. Outstanding location with views and proximity to city amenities.
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