SHOVEL READY WITH ALL ENTITLEMENTS - PRICE REDUCE REDUCED TO $3.05 PER SQUARE FOOT FOR IMMEDIATE SALE. OWNER MAY CARRY WITH 10% DOWN FOR 1-2 YEARS. READY TO BUILD 48 UNIT TOWNHOUSE PROJECT - RENT OR SELL INDIVIDUAL UNITS. Property consists of 3.6+ acres in secluded setting off 17th Street. Parcel is accessed off 16th Street. Ideal location for a "themed" residential development with seclusion and privacy. Spade ready. Seller will carry with 10% down for 1-2 years at 6.0% interest with monthly payments based on a 20 amortization period. Balance due on first day of 25th month from close of escrow. Preliminary bore holes (6) indicate no lava is present in sub-surface soils. Architectural plans available for 22 2-bedroom units ranging in size from 1,206 to 1,494 square feet and 26 3-bedroom units in size from 1,420 to1,930 square feet. Unique floor plans and elevations from two to three strory. Ideal to be developed and sold as a secure, gated community. All units are townhouse style and there are additional garage units on site.