|
|
Pilgrim
Properties LLC www.buffaloinvestment.com
3173 Rt. 430, Chautauqua, NY (Lake front condo development in Chatauqua area)
Minutes away from world renowned
Chautauqua Institute!
9 Acres 660 feet of waterfront X 568 feet deep.
5 existing 3000 sq. ft.year round condos. Each is 17 years old. Total approximate value of $1,600,000.
Each condo has three levels, two car attached garage, three bedrooms, two full baths & two half baths, three decks with beautiful views of the lake, living room w/ fireplace, dining room, Family room, basement rec. room, kitchen w/ stove-fridge-dishwasher, third level master bedroom with Jacuzzi bath.
Excelent profitt if further developed!!!
Land is preliminarily approved for a total of 45 units which would be built at 1600 Sq.Ft., for approx. $145, 000 each with a market value of approximately $260K each. This would leave you a potential Development profit of approx. $2,700,000.
|
| |
|
|
|
|
|
|
|