Prime Development
Prime Development
Listed by Prime Development
$1,800,000
Shovel Ready 72-unit Waterfront Site
Details
APN 05-014-108-00
Property Type Land, Multifamily
Sub Type Apartment Building
Units 72
Acreage 4.520
Zoning R-3 Multi-Family Residential
Traverse City has it all. Growth, great demographics and high rent per SF.
Marketing description
Rarely available, fully entitled, and approved 4.52-acre vacant parcel on Boardman Lake, in Traverse City, MI. The parcel located at 1600 Simsbury St is one mile from the Cherry Capital Airport and less than two miles from West Bay. Land is approved through a PUD which permits construction of either 72 condominiums or apartments.
The property is being evaluated by EGLE and may qualify for Act-381 incentives.
Listing Contacts
Prime Development
Prime Development
Listed by Prime Development
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