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Investment Development Pproperty in Berkshires For Sale
- East Otis, Massachusetts, United States
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- Business description
- Plans for 27 two-family town houses (21 acres) and 8 existing condos 1/2 Mile from Otis reservoir, The largest body of water in Massachusetts.Eight Existing newly renovated Condos(on 3 acres) See our website for more information.
- General information
- Years established:25
- Real Estate: Real Property Included
- Living accomodation:condos are newly renovated.
- Location:This largely unspoiled, area is the site of the Otis Reservoir, the largest recreational body of water in Massachusetts. East otis is part the the Berkshires a popular tourist attraction and vacation getaway with fly fishing, canoeing, spectacular fall foliage, skiing, tangle wood, Jacob's Pillow, and more.
- Expansion potential:The existing 8 condos are valued at 1 million dollars, and the additional 27 two-family town houses can be built and sold. Estimated net worth after construction of houses is, 27 million USD.
- Competition / Market:Other developers in the area are raising property values across the board.
- Reasons for selling:Investment/development property
