Welcome to MASON TERRACE
The perfect niche product! 50-lot sub-division. R-2 zoning. Government subsidizing, up to 35k per buyer.
This high-density, residential, platted sub-division is perfect for the Florence market and is ready for build out. For any builder, Mason Terrace offers a rare opportunity; it is the last available or future R-2 zoned development, approved for duplexes which include 30 two-story units, and 20 one-story units.
Approved by The City of Florence, this un-improved sub-division, developed to provide affordable housing. The Florence Correctional facilities employee over 5000 people alone, 80% or 4000 of which must commute to find less expensive housing. Mason Terrace is a perfect product to provide brand new homes at a price point for employees' earning an average income.
The location is in the town center, surrounded by residential development, and upcoming commercial sites.
There exists a high absorption rate for this product.
