Located in Phoenix, near the Phoodery and local shopping. This .85 property is approved for 18 unit apartment building but can be converted to townhomes with additional work with the city. This flexibility could be a great opportunity depending on market demand. The seller is willing to work with the buyer and the city to accomplish the necessary changes. The property has already undergone a Type 2 city review, a Phase One environmental assessment, flood plain development, and preliminary civil engineering. These completed steps can save time and reduce initial costs. The project is planned to be built up 1 foot to be out of the flood plain, which is crucial for long-term sustainability and insurance purposes. Floor plans and blue prints are available and are included in the sale. Per the seller The city of Phoenix will likely allow a change in planning to allow for TOWNHOMES .If you have any specific questions or need further details, feel free to ask!