This home was a showstopper in the 70’s and could be again. The value is in the land which is rezoned in the Cooper Mountain new development Rules. Minimum lots allowed is 18. More units can be built if attached homes or condos. Lots of possibilities and some of the choices alleviate the necessity of putting the Crisp Rd through the property allowing for more units. Owner will carry with 25% down, 30-year amortization at 7 percent interest. Principle due with the sale of each lot in proportion to the loan. BUYER TO DO OWN DUE DILIGENCE WITH THE COUNTY! Owner and broker are relating what they have been told but have nothing in writing other than the NEW RULES documents which are available on line.
Member of: National Association of REALTORS® (NAR)
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Property ID - | 787561
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