
Bringhurst Village Mixed-Use
Fully Entitled 60 Unit Apartment Complex
Marketing description
Just fell out of contract. All utilities and improvements have been stubbed to site.
Fully entitled land for 60 unit mixed use development with bids supporting a 7.5% cap rate on stabilized value. Seller is willing to subordinate/carry 50% of purchase price behind primary construction financing. Project has been vetted and approved by local credit union. All you need is $750k down to get this entire project off the ground.
**Included in the Sale:**
- Civil Plans
- Architectural Designs
- Geotechnical Report
- City & UDOT approval
- Topographical Survey
- Easements & Utility Plans
Reach out for link to full development packet. Soft costs & bids for horizontal will also be included in development packet. OM & drawings attached in listing. Only apartments/mixed use for sale in site plan. Projected construction spread north of $2.5M on stabilized value. (proforma included in development packet). Buyer to perform all due diligence and verify information independently. Information provided as a courtesy.
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