Listing ID202305493
Price$3,500,000
StatusActive
Acres
4
CountyJohnson
SubdivisionNL PONDS EDGE
Year Built2003
Property TypeSingle Family/Acreage
Property Sub TypeIncome/Investment
Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, see attached Proforma and Rent Roll. Approximately $2,250,000 for the 9 condo units ($250,000/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package. Brochure attached.
County
Johnson
Property Sub Type
Income/Investment
Property Type
Single Family/Acreage
Subdivision
NL PONDS EDGE
Year Built
2003
Zoning
RM-8
Dining Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Lot Dimensions
4.0
Area
NW Quadrant
Condo Level
NA
Elementary School
Clear Creek
Geo Address Line
1559 Ponds Edge Ct # 1672
High School
Clear Creek
Junior/Middle School
Clear Creek
Addendum
SOC Commission is •2.50% up the the first $1 million. •2.25% from $1 million to $2 million. •2.0% on anything above $2 million.
Aging in Place Form
No
Associated Document Count
6
Builder
N/A
Days on Market
7
Elevators
No
Internet
yes
New Construction
no
Status Category
Active
Zero Step Entry
No
Gross Tax (County & City)
30870
Sale/Lease
For Sale
Tax ID
Multiple
Tax Year Report
2021
Variable Rate
yes
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