308, 310 fairway drive

Unique opportunity to develop 0.827 acres across the street from Big Shots Golf and the rest of the NEW Travis Bryan Midtown Park development. Parcel has been zoned PD-H (Planned Development - Housing) with potential site plans containing 12 townhomes facing both Villa Maria and Fairway Drive. Site currently has 2 large single-family homes (308: 5-bedroom 3-bath, 310: 4-bedroom 3-bath) with income around $4000/month. Similar townhomes to those proposed produce approximately $3000/month in rent and sell for over $400,000. A community of 12-townhomes with these returns could produce over $36,000 per month and be valued at nearly $5 million. Contact agent for more information.