Description
Unique opportunity to develop 0.827 acres across the street from Big Shots Golf and the rest of the NEW Travis Bryan Midtown Park development. Parcel has been zoned PD-H (Planned Development - Housing) with potential site plans containing 12 townhomes facing both Villa Maria and Fairway Drive. Site currently has 2 large single-family homes (308: 5-bedroom 3-bath, 310: 4-bedroom 3-bath) with income around $4000/month. Similar townhomes to those proposed produce approximately $3000/month in rent and sell for over $400,000. A community of 12-townhomes with these returns could produce over $36,000 per month and be valued at nearly $5 million. Contact agent for more information.
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0BEDS
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0.83ACRES
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0BATHS
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01/2 BATHS
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24,888SQFT
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$40$/SQFT
Description
Unique opportunity to develop 0.827 acres across the street from Big Shots Golf and the rest of the NEW Travis Bryan Midtown Park development. Parcel has been zoned PD-H (Planned Development - Housing) with potential site plans containing 12 townhomes facing both Villa Maria and Fairway Drive. Site currently has 2 large single-family homes (308: 5-bedroom 3-bath, 310: 4-bedroom 3-bath) with income around $4000/month. Similar townhomes to those proposed produce approximately $3000/month in rent and sell for over $400,000. A community of 12-townhomes with these returns could produce over $36,000 per month and be valued at nearly $5 million. Contact agent for more information.
© 2023 Bryan-College Station Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Cherry Ruffino Team | Coldwell Banker Apex. Data last updated 2023-03-27T22:33:25.603.
Listing information © 2023 Bryan-College Station Regional Multiple Listing Service. Listing provided courtesy of Josh Jenkins of Brookhaven Realty: (979) 575-7559.