$12,750,000
Confidential Multifamily Project for Sale
Details
Property Type Multifamily
Acreage 1.400
50+ Units with Commercial
Marketing description
50+ unit multifamily development with a recently executed long-term commercial lease, offering a compelling mixed-income revenue stream.
The project is currently approximately 65% complete, providing an investor with the opportunity to step into an advanced stage of development and realize near-term stabilization upside.
Additional Details:
- Full offering memorandum, financials, plans, and lease details available upon execution of NDA
- Buyer to verify all information independently
- Ownership open to discussions with qualified investors and development partners
Confidentiality Notice
This is a confidential offering. By inquiring, you agree not to contact ownership, tenants, or contractors directly and to maintain strict confidentiality regarding all materials provided.
**Please note listing address is NOT the location of the development. Location is confidential until NDA is executed.
Investment highlights
- Scale: 50+ residential units with integrated commercial component
- Income Stability: Newly signed long-term commercial tenant enhances cash flow predictability
- Progress: Construction substantially underway (~65% complete)
- Value-Add Opportunity: Ability to complete construction and capture lease-up upside
- Flexible Exit Strategies: Hold for stabilized yield or position for refinance/sale upon completion
- Strong Market Fundamentals: Located in a growing submarket with favorable multifamily demand drivers
Listing Contacts
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Zoning
I-1 IndustrialIndustrial
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