16.16 Acres of Land - Pad Ready for 40 Duplexes (80 Residences)

Investment Overview

16.16 acres being sold pad ready for the construction of 40 duplexes (20 two-bedroom and 20 three-bedroom units) for a total of 80 residences. Plans for the duplexes have been generated. All site work will be completed which includes the construction of two roads, a drainage pond and all infrastructure to support the project pursuant to the site permit. The site is conveniently located near both interstate I-75 and I-10. Shopping, dining and recreational activities in Lake City are close by. The expected completion date is July 31, 2026. This is a fantastic turnkey development opportunity in fast growing Columbia County.

Investment Highlights

• 16.16 pad ready acres for 80 residences
• 40 duplexes - 20 two-bedroom, 20 three-bedroom
• Plans for cottage style duplexes with tall roofs and front porches included.
• Expected rent for the 2/2 duplexes is $1,200/unit.
• Expected rent for the 3/2 duplexes is $1,600/unit.
• Easy access to I-75 and I-10.
• Shopping, dining and recreational activities are nearby in Lake City.
• Fully engineered stormwater facilities with retention pond, Miami curbs, and underground pipes.
• Fire hydrants throughout the site.
• Upon completion, Columbia County will take over road maintenance.
• The subdivision will be connected to city water.
• DEP approved septic permits are in place.
• Underground utilities.
• Plan for the 2/2 is 1,177 square feet per unit.
• Plan for the 3/2 is 1,187 square feet per unit.
• All units have front and rear covered porches.