Investment Highlights
- Pro forma profit of over $5,500,000 to an investor with our experienced and ready to go GC and higher for a buyer who acts as their own builder/GC.
-Existing storm water retention available next to the site that serves the project and the larger Stone Ridge subdivision.
-Bordering open space with an existing social trail network that we have designed the project to connect too.
-Located within the large Stone Ridge development that has completed all the required parkland dedication and fees required by the city.
-Surrounded by newly built high end single family homes.
-3.52 acres of internal open space for resident and trail use.
-138 internal attached garage parking spaces and another 138 additional full size driveway parking spaces which gives double the required number of parking spaces.
-City planning department approval completed April 14, 2022 for the PUD amendment and preliminary development plan.
-Preliminary plat and site plan, drainage plan, grading plan, utility plan, landscape plan, erosion control plan, and preliminary architecture and unit design are completed.
Expected unit mix:
49 two story, 2-3 bedroom, 2.5 bath, 2 car townhomes with 18 foot plus long driveways.
20 rancher with basement style paired patio homes, 2-5 bedroom, 3 bath, 2 car units with 18 foot plus long driveways and several with walk-out basements.
Architecture isn't fixed to the development plan and a builder/buyer can modify unit plans.