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$ 8,000,000
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S W 1170 S H-4-2-1-238-GS1 Hurricane, UT 84737
301,871 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land/Acreage
Listing Status Active
Purchase Type For Sale
Square Footage 301,871 sqft
Price per Sqft $26
MLS Listing ID 26-277219
Lot Size 6.930 Acres
Acres 6.93
Property Sub-Type Land/Acreage
Source Washington County Board of REALTORS®
Land Area 301871
Property Description
PURCHASE OPTIONS:
As-is- $8,000,000($62,992.13 per planned unit). Buyer acquires the project in its current condition.
Pad-Ready- $10,000,000 ($78,740.16 per planned unit). Includes an additional $2,000,000 for the seller/GC to complete the work necessary to deliver the 127-unit project pad-ready.
DEVELOPMENT OPPORTUNITY!
Property type: Convertible Land & Condominium Development
Acreage: 6.93 acres
Planned residential units: 127
Development Structure: Single-phase project
DEVELOPMENT PROGRAM
* 11 Ten-Plex Buildings (110 Units)
* 1 Eight-Plex Building (8 Units)
* 1 Four-Plex Building (4 Units)
* Additional Residential Allocation (5 Units)
* 13 Residential Buildings + Storage Facility
* Total Planned Residential Units 127
INVESTOR ADVANTAGES
* Fully engineered condominium development opportunity
* Civil engineering, grading, drainage, utility and roadway plans approved
* Excavation/site approvals obtained
* Minutes from Sand Hollow Reservoir and Golf Course
* Second-home marked location
* Access to 16 Pickleball Courts
* Single-phase development plan for all 127 units
* Two acquisition options: purchase as-is or purchase pad-ready
DEVELOPMENT STATUS
Civil engineering, grading, drainage, utility, and roadway plans are approved. Final architectural and building permit approvals are pending.
As-is- $8,000,000($62,992.13 per planned unit). Buyer acquires the project in its current condition.
Pad-Ready- $10,000,000 ($78,740.16 per planned unit). Includes an additional $2,000,000 for the seller/GC to complete the work necessary to deliver the 127-unit project pad-ready.
DEVELOPMENT OPPORTUNITY!
Property type: Convertible Land & Condominium Development
Acreage: 6.93 acres
Planned residential units: 127
Development Structure: Single-phase project
DEVELOPMENT PROGRAM
* 11 Ten-Plex Buildings (110 Units)
* 1 Eight-Plex Building (8 Units)
* 1 Four-Plex Building (4 Units)
* Additional Residential Allocation (5 Units)
* 13 Residential Buildings + Storage Facility
* Total Planned Residential Units 127
INVESTOR ADVANTAGES
* Fully engineered condominium development opportunity
* Civil engineering, grading, drainage, utility and roadway plans approved
* Excavation/site approvals obtained
* Minutes from Sand Hollow Reservoir and Golf Course
* Second-home marked location
* Access to 16 Pickleball Courts
* Single-phase development plan for all 127 units
* Two acquisition options: purchase as-is or purchase pad-ready
DEVELOPMENT STATUS
Civil engineering, grading, drainage, utility, and roadway plans are approved. Final architectural and building permit approvals are pending.
Location
State UT
County Washington
Area Hurricane Valley
Zoning Commercial
Exterior
Utilities Available Electricity Connected
View Y/N No
Street Surface Road Paved
Building
Lot Description Access, Public, Corner Lot, Graded, Soil Gravel
Schools
School District Hurricane High
Others
Senior Community No
Tax ID H-4-2-1-238-GS1
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Listed by WHITE CROW REAL ESTATE
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