Investing in land is a huge step when it comes to real estate investments, and where else to purchase land than in Shelton, CT?
Scattered around town are vacant lots and raw land in a wide range of sizes and shapes, just waiting to be transformed – or left as it is.
Take a gander around Shelton and perhaps you’ll see the empty piece of property that’s right for you.
Why should you invest in land?
Purchasing land is one way to reap or gain additional cash flow.
You can turn it into a mixed-use development or a rental property, or you can leave it as it is and wait for it to appreciate over time. When the right time comes, you can choose to sell it for a price that’s significantly higher than when you bought it.
It’s a risk worth taking, and can be one hell of a rewarding investment, especially in Shelton, one of Connecticut’s fastest growing communities.
Build a mixed-use development
With Shelton in a state of revitalization, you can contribute to its growth by transforming your vacant lot into a mixed-use development.
Create great residential, office, or commercial spaces for home buyers, business owners, and fellow investors. It’s one way to boost the local economy while helping out home buyers and upping your cash. Call it a win-win situation!
Of course, there’s the matter of property management. If you’ve got what it takes to run a mixed-use development, then way to go! If you’re less inclined to take on the responsibilities of a property manager, there are plenty of professional management companies in and around Shelton that will help you run your property efficiently.
Build your dream home
If none of the homes in Shelton catches your fancy, you can purchase land and build your dream home from the ground up.
The piece of land you own can serve as your blank canvas where you can freely let your imagination run wild. A pool here, a cabana there, and perhaps a tennis court if you’ve still got the space. It’s your chance to build the home you’ve always dreamed of.
If you’d like to know more about vacant lots and land for sale in Shelton, CT, don’t hesitate to call us at 203-944-9400. You can also email us at shelton@higginsgroup.com.
