36' x 110' ranch on 4.7 acres, near end of cul-de-sac, currently zoned Single Fam., but town says will allow 4-6 units. Acquisition and Construction costs for phase 1 is $525k. Value after completion of phase 1 and sale of all 4 units, per professional real estate analysis is $800k-$900k, with each unit selling between $200k-$225K conservatively. Phase 2 could include selling off approximately two acres for single family construction or potentially building additional condos. Value of land sold $40k-$60k. Condos will begin pricing in the mid two fifties. Each condo unit will be approximately 1,800 SF., and feature two levels, 3 bedrooms, 2 full baths, a 27' x 14' kitchen/Dining area w center isle, granite and tile, incl. stainless appliances, open 15' x 17' living room, 22' x 16' lower level family room, 8' x 11' laundry room, and a 12' x 27' rear deck over looking 4.7 acres with a pretty view! Minutes to major Hwy. (See Conceptual Floor Plan and other photos and renderings)

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