Lot 1 MIDDAY VALLEY ROAD, Merritt | $3,199,990

This 12 acre hillside lot on the South Western boarder of Merritt can accommodate up to 200 units and allows a maximum height of 4 stories. Merritt is in dire need of housing and has a low vacancy rate. Services are at lot line and site can be delivered Dec 2024. The City of Merritt conducted a housing needs report in 2021 that stated 65 units are required annually to keep up with demand for housing. Ask listing agent for complete info package. Seller is open to offers, partial vendor financing, or a joint venture.

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Description

This 12 acre hillside lot on the South Western boarder of Merritt can accommodate up to 200 units and allows a maximum height of 4 stories. Merritt is in dire need of housing and has a low vacancy rate. Services are at lot line and site can be delivered Dec 2024. The City of Merritt conducted a housing needs report in 2021 that stated 65 units are required annually to keep up with demand for housing. Ask listing agent for complete info package. Seller is open to offers, partial vendor financing, or a joint venture.

General Info

MLS Listing ID: 178937 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 12.5 ac Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .