Property Description

High density multi family development opportunity - 28-32 Condo or apartment residential units; This property is being sold for development and not based on the existing/livable single family home that is there. The City of Scotts Valley supports a development that can accommodate condos or apartments. Planning department suggest accessing the property from Glen Canyon Dr. via a small bridge adding a unique entry. There are two access point to city sewer, public water and power. Seller had quotes to build units of 10 one bedroom, 12 two bedroom, 10 3 bedroom. At this price there seems to be a impressive ROI

ESSENTIAL INFO

• Status: Active
• School District: Other