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$465,000
1048725 MLS ⋅ ACTIVE Status
Fantastic Investment Opportunity. Last Undeveloped Land in Private Neighborhood. Sign at Property with QR Code to Website Information. This will be the Only Units, in Waterford Place, with a 2 Car Garages Proposed for Each Townhome. All Documents Available and City of Aurora Ready for Permits. Once Building is Completed, Owner can File for Division of Units to Sell Individually. Drainage Plan Approved. Complete Detention Pond Project included in Plans. Triplex Design Approved. Land Survey Complete. HOA Dues not Payable and Due until Occupancy Permits are Received for each Unit. Current Owner pays Periodically for Lawn Mowing of Vacant Lot. HOA covers Snow Removal, Private Road Care, Signage, Common Landscaping, Lawn Care, Trash & Non Potable Water Use. Last Property Sale was an Inter Office LLC Transfer Between Partners. Seller will be performing a 1031 Exchange. All Inquiries Welcome. Please Call the Agent with any Questions and all Inquiries to Provide additional information needed. Seller willing to Discuss Taking on Building Project to its Fruition for a Buyer/Investor. Seller will continue Obtaining permits, Utility Installation and all necessary Construction pursuits while this Property is on the Market. Updates will be made. Please call with Any Questions. This is a Unique Opportunity. Attached Documents: Some are not Recorded yet, Minor Changes could be made, However City of Aurora has Final Approval for Document Recording. HOA Agreements are Finalized and to be recorded for Building Construction Accommodations etc. Title Commitment is Pulled and Updated as needed as we move forward. See Photo of Proposed Floor Plan for each Unit. 2 Bedroom/2 Bath, Skylights and 2 Car Garage. Can Be Modified by Builder.

2225 S Iola St, Aurora
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