This property is an assemblage of 3 parcels. It is currently under ongoing development. Owner/Seller/Developer includes all current entitlements with sale to include all plans, HOA docs/budget, etc. Completion of current developer's/builder's entire buildout is mid-late 2025. The entitled 9 townhome units may be sold in bulk or individually (Contact agent for pricing). Current turn-key site plan has plan approval with building plans submitted and platting process/approval imminent. Proforma includes conservative projected annual income/expense forecast for a full year's occupancy (average of 35 weeks per year) broken down by a nightly rental range. Also, the Proforma attached includes capitalization rate based on average list price upon complete build out by current owner/developer and a cap rate % is also indicated based on project list price + developer's projected build out cost for comparable units to those currently approved. Focus on the nightly rates of $500 and above as these luxury units are expected to rent at that rate or higher. For those investors requiring a greater investment opportunity consisting of more entitled properties and land, listing agent has access to additional income opportunities with no rental restrictions. Ideal for robust short-term rental income with very attractive cap rates.