Listed by Capstone Commercial Real Estate Group LLC
Unpriced
4209 Stuart Road
Details
Property Type Multifamily
Sub Type Apartment Building
Units 78
Tenancy Vacant
Buildings 2
Stories 4
Acreage 2.690
Zoning MN(S) - Mixed Use Neighborhood
Parking Spaces 147 spaces
Investment Type Redevelopment
Multifamily | 78 Units
Marketing description
"Shovel-Ready" 78-Unit Multifamily Site Permit in Hand. Save 12-24 months of entitlement risk and carrying costs. This fully entitled, permit-approved multifamily development site offers 2.69 acres with MN(S) - Mixed Use Neighborhood zoning. The property features 78 approved units across 2 buildings (3 & 4-Story MF) with a total of 94,492 SF and 147 parking spaces (1.9 spaces per unit).
Investment highlights
- Time savings of 12 to 24 months for approval process
- No entitlement or political risk
- Lower interest carry and pre-development burn
- Higher lender confidence = better terms
- Faster path to stabilization and exit
Listing Contacts
Listed by Capstone Commercial Real Estate Group LLC
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