Quick Summary
Quick Summary
- Fully tenanted, income-generating property
- Approved development permit for southern portion
- Six updated 3-bedroom, 2-bathroom townhomes
- Some townhomes offer ocean views
- Approved 33-unit, 3-story residential building
- Many units offer ocean views
- Concrete parking garage for residential building
- Potential for northern portion rezoning
Opportunity to acquire a fully tenanted, income-generating property with an approved development permit for the southern portion. The northern portion consists of six updated, 3-bedroom, 2-bathroom, two-level townhomes, some with ocean views. Enjoy steady rental income while developing the southern portion, which has approval for a... Show More
Opportunity to acquire a fully tenanted, income-generating property with an approved development permit for the southern portion. The northern portion consists of six updated, 3-bedroom, 2-bathroom, two-level townhomes, some with ocean views. Enjoy steady rental income while developing the southern portion, which has approval for a 33-unit, three-story residential building over a concrete parking garage, with many units offering ocean views. The Township is currently reviewing and amending its Official Community Plan. There is potential for rezoning the northern portion to allow for increased density and redevelopment opportunities. (id:54626)
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