Property Description

$450,000 | 21-UNIT TOWNHOME DEVELOPMENT OPPORTUNITY | APPROX. 3 ACRES | CLAYTON, DE 21 planned fee-simple townhome/carriage-home lots in an approved and recorded subdivision. With approximately 3 acres and substantial prior site planning, engineering and development work completed, Liberty Knoll Phase II offers a prospective builder or developer the opportunity to advance an established residential development concept rather than begin with an entirely undeveloped site. Prior development plans, site plans, engineering documentation and supporting materials are available for purchaser review and due diligence. Public water and sewer have previously been represented as available to the development; purchaser to independently verify current utility availability, capacity and connection requirements. OPPORTUNITY ZONE: The property is located within a designated federal Opportunity Zone, which may provide investment-related tax benefits for qualifying investments. Prospective purchasers should consult their tax and legal advisors regarding eligibility and applicable requirements. SELLER FINANCING: Seller financing may be considered for a qualified purchaser. Terms are negotiable and subject to seller approval, buyer qualifications, proposed structure and mutually acceptable transaction terms. Buyer and buyer's agent to independently verify acreage, zoning, current approvals, plans, utilities, stormwater requirements, permits, infrastructure obligations, fees and all remaining development requirements with the appropriate governmental authorities.