Utah's Premier | OnX Realty

S W 1170 S H-4-2-1-238-GS1

Hurricane, UT 84737

Hurricane, UT 84737

S W 1170 S H-4-2-1-238-GS1

$8,000,000

MLS#: 26-277219

Status: Active

Listing provided by: WHITE CROW REAL ESTATE

Listing agent phone: None

Last update: a day ago

New on site 2 days ago

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About

PURCHASE OPTIONS: As-is- $8,000,000($62,992.13 per planned unit). Buyer acquires the project in its current condition. Pad-Ready- $10,000,000 ($78,740.16 per planned unit). Includes an additional $2,000,000 for the seller/GC to complete the work necessary to deliver the 127-unit project pad-ready. DEVELOPMENT OPPORTUNITY! Property type: Convertible Land & Condominium Development Acreage: 6.93 acres Planned residential units: 127 Development Structure: Single-phase project DEVELOPMENT PROGRAM * 11 Ten-Plex Buildings (110 Units) * 1 Eight-Plex Building (8 Units) * 1 Four-Plex Building (4 Units) * Additional Residential Allocation (5 Units) * 14 Residential Buildings + Storage Facility * Total Planned Residential Units 127 INVESTOR ADVANTAGES * Fully engineered condominium development opportunity * Civil engineering, grading, drainage, utility and roadway plans approved * Excavation/site approvals obtained * Minutes from Sand Hollow Reservoir and Golf Course * Second-home marked location * Access to 16 Pickleball Courts * Single-phase development plan for all 127 units * Two acquisition options: purchase as-is or purchase pad-ready DEVELOPMENT STATUS Civil engineering, grading, drainage, utility, and roadway plans are approved. Final architectural and building permit approvals are pending.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

6.93 acres

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • View

    Mountain(s)

Area & Lot

  • Lot Features

    Level, Corner Lot

  • Lot Size(acres)

    6.93

  • Lot Size(square feet)

    301,870

  • Property Type

    Land

Price

  • Sales Price

    $8,000,000

  • Financing Options

    Conventional, Cash, 1031 Exchange

  • Zoning

    Multi-Family

  • Sq. Footage

    301,871

  • Price/SqFt

    $26

HOA

  • Association

    YES

  • Association Fee Frequency

    Annually

  • Association Fee Includes

    N/A

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Coral Canyon Elementary

  • Middle School

    N/A

  • High School

    Hurricane High

Property Features

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Washington

  • Elementary School

    Coral Canyon Elementary

  • Middle School

  • High School

    Hurricane High

Listing Courtesy of Angela Mandato, WHITE CROW REAL ESTATE

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Damon Luke

Damon Luke

President / Real Estate Agent

Call Damon today to schedule a private showing.

Phone (801) 477-7421

Email Damon@OnXrealty.com


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PURCHASE OPTIONS: As-is- $8,000,000($62,992.13 per planned unit). Buyer acquires the project in its current condition. Pad-Ready- $10,000,000 ($78,740.16 per planned unit). Includes an additional $2,000,000 for the seller/GC to complete the work necessary to deliver the 127-unit project pad-ready. DEVELOPMENT OPPORTUNITY! Property type: Convertible Land & Condominium Development Acreage: 6.93 acres Planned residential units: 127 Development Structure: Single-phase project DEVELOPMENT PROGRAM * 11 Ten-Plex Buildings (110 Units) * 1 Eight-Plex Building (8 Units) * 1 Four-Plex Building (4 Units) * Additional Residential Allocation (5 Units) * 14 Residential Buildings + Storage Facility * Total Planned Residential Units 127 INVESTOR ADVANTAGES * Fully engineered condominium development opportunity * Civil engineering, grading, drainage, utility and roadway plans approved * Excavation/site approvals obtained * Minutes from Sand Hollow Reservoir and Golf Course * Second-home marked location * Access to 16 Pickleball Courts * Single-phase development plan for all 127 units * Two acquisition options: purchase as-is or purchase pad-ready DEVELOPMENT STATUS Civil engineering, grading, drainage, utility, and roadway plans are approved. Final architectural and building permit approvals are pending.

S W 1170 S H-4-2-1-238-GS1

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