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Description

This 1.11-acre buildable lot in Nampa, ID, is zoned RS6, and the lot split is already completed. Bids for engineering, survey, and architecture teams are secured, but the property is currently raw land with no developments yet. There???s a site plan for 6 townhomes and 1 duplex (8 units total, 7 sellable buildings), which the city responded positively to during a pre-application meeting, confirming it meets their requirements. The duplex is set for Lots 2 and 3, with the remaining lots for townhomes. However, buyers have the option to bring their own plans or ideas! The photos provided are just one example of what could be built. You could also opt to build a large single-family home with a shop or fewer homes with larger lots. The owners are open to creative financing options, but the $201k first-position hard money loan must be paid off first. They???re willing to carry the remaining balance in second position at 3.2%. Buyers are advised to conduct their own due diligence.