Game Farm Road Development Land
Land | 2.98 acres | 28 new construction lots + single family home
Marketing description
This unique, 2.98 acre, former railway right-of-way site has been designed as a middle housing development with twenty-eight (28) units to be constructed in ten (10) duplex/triplex buildings. The property is adjacent to PeaceHealth Campus at Riverbend and just minutes from the vibrant Gateway area of Springfield.
The seller has bids on file for all the needed infrastructure. All ten buildings are designed and there is just a small amount of engineering to be completed to make final construction drawings.
Additionally, the property includes a 1,122 sf single family residence built in 1952. The 3-bedroom, 1-bath, house is currently leased at the under-market rent of $1,695/month.
Investment highlights
• 28 New construction lots plus, a single family residence
• 2.98 Acres less than 1 mile to Riverbend Hospital Complex & Gateway Shopping Hub
• Fully approved and ready for infrastructure construction
• All units fully designed
• 4J School District
• $950,000
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