Great development opportunity, for a near shovel ready 16-unit Multi-Family Townhome Apartment Complex. All entitlements are nearly completed with the City of Morro Bay Planning Department. Upon completion of the remaining environmental studies the project can be resubmitted for final planning commission review and approval. The building site is located near Morro Rock and close to other new Multi-Family developments. This Multi-Family project would be a much-needed addition to this growing community. Drawings and additional information from the city of Morro Bay are available.
PI23115489
Land, Other
San Luis Obispo
0.5739
Acres
Public
Highway 41(770)
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot View
- Other, City
- Zoning
- 60
- Additional Exterior/Lot Features
- 21-25 Units/Acre.
Financial Considerations
068231016
Conventional
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