1311 2Nd AveEphrata, WA 98823

This fully entitled 5-unit townhome parcel in Ephrata, Washington, presents a unique investment opportunity. Located at 1311 2nd Ave NE, Ephrata, WA 98823 (APN 313287000), this 14,603 sq ft residential lot is ready for immediate permit submission. The project includes detailed construction and development documents, including approved architectural, structural, site, utility, and landscape plans. No additional permits are required beyond the release of the approved plans, with associated permit fees totaling $30,447.59. Each of the five townhomes boasts 1,294 square feet of living space, featuring 3 bedrooms and 2.5 bathrooms, along with a 1-car garage. Sewer, water, and power utilities are readily available at the property line. This prime location in Grant County benefits from a growing population and increased demand for housing, making it an ideal investment for building and holding for rental income or building and selling for a quick return. The project's comprehensive plans and readily available utilities streamline the construction process, minimizing potential delays and maximizing return on investment. This opportunity offers a strategic advantage in a thriving market with a strong potential for long-term growth and profitability.