This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk,… Read More architectural coordination, and municipal approvals. Highlights: Final plat completed for 28 units. Civil plans completed. Landscape plans completed. Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market. Read Less
Courtesy of Kidder Mathews Brian Rosella 602-513-5200
Listing Snapshot
Days Online
50
Last Updated
Property Type
Land
Lot Size
2.08 Acres
MLS Number
6986821
30 Days Snapshot Of 85040
$345k
+11%
(avg) sold price
15
-16%
homes sold
78
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
2.08 acres, 90,604 sqft
Property
Zoning: R-3
Sewer
"Public Sewer"
Taxes
Annual amount: $3,270, Lot: -
Utilities
"SRP"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.