Owner is aggressively seeking a JV Partner/Builder/Buyer to participate in this venture. Land development has already started and about to go vertical. This project offers tremendous earning and value potential. Owner is making 5 pre-construction short-term rental townhomes available for ownership to any interested JV Partner/Builder/Buyer. This property is an assemblage of 3 parcels. It is currently under ongoing development. All current entitlements with include all plans, HOA docs/budget, etc. Completion of current developer's/builder's entire buildout is late 2025 to early 2026. The entitled 9 townhome units may be sold in bulk, owned and/or held by the partners together or individually for their discretionary use (sell or rent). Current turn-key site plan has plan and plat approval. Proforma includes conservative projected annual income/expense forecast for a full year's occupancy (average of 35 weeks per year) broken down by a nightly rental range. Also, the Proforma attached includes capitalization rate based on average list price upon complete build out by current owner/developer and a cap rate % is also indicated based on project list price + developer's projected build out cost for comparable units to those currently approved. Focus on the nightly rates of $500 and above as these luxury units are expected to rent at that rate or higher. For those investors requiring a greater investment opportunity consisting of more entitled properties and land, listing agent has access to additional income opportunities with no rental restrictions. Ideal for robust short-term rental income with very attractive cap rates.