324 N Corbin Rd is aland property for lease in Post Falls, ID.
Under the R-3 zoning the maximum density is 21 units per acre (townhomes) or 18 units per acre (apartments) which reflects up to 88 units for this site. Our price for the property is reflective of approximately 75 units (allowing for setbacks, parking, drainage, etc) at $8,000 per unit, knowing there are some offsite expenses to be incurred (sewer) but allowing some contribution for the existing residence which could function as a management/rental/community building. The home is of recent good quality construction and is located strategically onsite, not hindering development of the majority of the site.
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