Oakwood Flats
Development Investment Opportunity - Multifamily | 41 Units | $146,341/unit
Marketing description
We are offering a fully planned 41-unit multi-family development located within the established Oakwood Business Park, one of Eau Claire’s proven commercial and employment corridors.
This opportunity allows an investor to acquire the project prior to construction, with a clearly defined build path, income profile, and valuation benchmark, eliminating entitlement and early-stage development risk.
Investment highlights
2 acres of vacant land with approved site plan, civil engineering, architectural documents and all entitlements for a 41 unit muti-family development. Listing price reflects total project cost of six million, which includes land and approved development rights totaling $1,058,868 to close (not including any additional buyer closing costs). Consrtcution cost ($4,941,132) in a separate construction agreement to be executed at closing. Seller will offer option to manage for the right buyer. Construction cost may vary depending on buyers chosen start date.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
