Listed by ReMax Results
$2,690,000
Brooklyn Blvd
Details
Property Type Multifamily
Units 7
Acreage 1.510
Zoning Neighborhood- Mixed Use District
Multifamily Development Opportunity featuring 6 existing units and 15 approved future units.
Marketing description
Introducing a rare, low-risk development opportunity featuring two newly constructed triplexes with five additional triplexes fully entitled and ready for vertical construction. This offering provides investors and developers with a streamlined path to completion, supported by completed infrastructure, fully approved entitlements, and comprehensive plan sets.
This project offers an exceptional blend of current income, shovel-ready expansion, and minimal entitlement or pre-development risk. Ideal for investors seeking a near-turnkey opportunity in a strong multifamily market, the property is positioned for rapid delivery of additional units and long-term value creation
Investment highlights
- Two Completed Triplexes Newly built and ready for occupancy or lease-up, offering immediate income potential and demonstrating the quality and design standard approved for the site.
- Full Entitlements for Five Additional Triplexes The remaining development program is 100% entitled, eliminating entitlement risk and significantly reducing development timelines. All discretionary approvals have been secured.
- Completed Site Work & Infrastructure All major horizontal improvements-including roads, utilities, grading, and drainage-have been completed. The site is development-ready, enabling buyers to move directly into vertical construction.
- Comprehensive Architectural & Engineering Plans Seller will provide complete plan sets, including architectural drawings, civil engineering, and all supporting documents, allowing for an efficient handoff and accelerated permitting for building permits.
- Multifamily Development
- Two Triplexes complete
- Easy Access to 1-94
- 1,175 sq. ft. / unit
- 3,525 sq. ft./building
- Property Size: 1.51 Acres
- Property Type: Residential
- Zoned: Neighborhood-Mixed Use District
- Off Street Paved Parking
- Plans included
Listing Contacts
Listed by ReMax Results
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