Listed by Better Homes And Gardens Real Estate Bloomtree Realty
$1,500,000
880 E Road 2 North
Details
APN C
Property Type Land, Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Cap Rate 16.00%
Acreage 9.220
Zoning MR-1/MHP-4/PAD
Land | 9.22 acres
Marketing description
Level and easy-to-build 9.2 acre site, approved for 156 apartments. Perfect location - just east of Hwy 89, adjacent to the Safeway center. Walking distance to many restaurants, Walgreens, bank, etc. Site has been prepped with sewer and water which has been installed to the north edge of the property, saving hundreds of thousands of dollars. Rent study and Phase 1 have been completed for the property (see documents tab). Site plan has also been completed. Rare opportunity and best property on market to build on in an underserved market area. List price is only $9,615 per door/unit. Seller Financing available.
Listing Contacts
Listed by Better Homes And Gardens Real Estate Bloomtree Realty
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