2225 S Iola Street

Fantastic Investment Opportunity. Last Undeveloped Land in Private Neighborhood HOA Community. There is no Real Estate Sign at Property. Please be mindful of Current Homeowners in the Neighborhood. This will be the Only Units, in Waterford Place, with a 2 Car Garage for Each New Townhome. All Documents Available and City of Aurora Ready for Permits. Triplex, Once Building is Completed can File for Division of Units to then Sell as Three Separate individual Improved Property Lots. Administrative Approval on Triplex Land Development. Drainage Plan Approved. Complete Detention Pond Project included in Plans. Triplex Design Approved. Land Survey Complete. HOA Dues not Payable and Due until Occupancy Permits are Received for each Unit. Current Owner pays Periodically for Lawn Mowing. HOA covers Snow Removal, Private Road Care, Signage, Common Landscaping, Lawn Care, Trash & Non Potable Water Use. Last Property Sale was Inter Office LLC Transfer Between Partners. Seller will be performing a 1031 Exchange. All Inquiries Welcome. Please Call the Agent with any Questions and all Inquiries to Provide additional information needed. Seller willing to Discuss Taking on Building Project to its Fruition for a Buyer/Investor. Seller will continue Obtaining permits, Utility Installation and all necessary Construction pursuits while this Property is on the Market. Updates will be made. Please call with Any Questions. This is a Unique Opportunity. Attached Documents: Some are not Recorded yet, Minor Changes could be made, However City of Aurora is in Final Approval for Document Recording. HOA Agreements are Finalized and to be recorded for Building Construction Accommodations etc. Title Commitment is Pulled and Updated as needed as we move forward.

Listing Office: Firecracker Realty LLC