This prime real estate opportunity will be delivered with fully entitled property, with all stamped and approved plans for 30 apartment units, Ready to Issue (RTI) building permits, allowing the buyer to immediately commence construction. The vacant lot requires no tenant relocation, simplifying the development process
Unit Breakdown:
2bed/2bath: 850 SF x 5
1bed/1bath: 660 SF x 25 (4 affordable units)
Total of 30 units
Rentable SF: 20,750 SF
Proposed Building Size: 25,986 SF
5-Story Type IIIA R-2 Occupancy
over 2-Levels Basement Garage
Type IA S-2 Occupancy
w/ Roof Deck and fully sprinklered per NFPA-13
with (3) Units set aside for Low Income