
Listed by The Browar Group
$1,595,000
Normal Heights
Details
APN 439-401-12-00
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 3.30%
Year Built 2003
Buildings 2
Multifamily | 3.30% CAP | 2 Units
Marketing description
Finally a permit ready project that makes sense financially for a Buyer! GCs, Investors, Developers: look no further for your next - or first - ground up project. This expertly and efficiently designed 20 unit build is located in the cherished and revered "north of Adams" pocket of ever growing Normal Heights! Currently a duplex of 2BR 2BA generating income. The project is a 4 story build designed as a mostly wood frame product, avoiding costly construction costs that come with elevators, podiums, excessive steel etc. Units will feature modern, roomy and efficient floor plans and a unit mix perfect for this location. Contact the listing agent for more information, including 3rd party construction bid, property mgmt operation proforma and more!
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Listed by The Browar Group
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