166 Thornton Ferry Rd - Thornton Ferry Apartment/RV/Storage Land

Almost level, almost 10 acres, previously approved for 176 more apartments, with a beautiful scenic pond. Some nice old trees, but mostly cleared, with some young growth. Extra store of buildable dirt on site already for grooming the site. Important to the property, this is within the Lake Hamilton School District - an excellent school in the area, most popular. Substantial investment in sewer mains already in... in two locations for the development of apartments, and still exist - already on the city's GIS system. So, just add water... In a pocket of high development activity. Recently added, a new Harp's full service grocery with fuel, new McDonald's, and many other newer retail establishments within 1/4 mile of the site. The apartment facility next door is highly successful and a good barometer for future success. Also suitable for assisted living, mini-storage, nursing home, senior housing, or any variety of residential purposes. This property is priced well below value...with the entitlements, the sewer mains installed, preferred school district, lake and retail proximity...it's an incredible value. Reduced from $750,000. Previous offer at $650,000.