Description
PRICE ADJUSTED FOR FAST SALE. 3 Parcels in total. 2.16 Acres. See Drawings to build attached reflecting a potential 14.71% CAP Rate, 36 Residential apartments. Can also build condominiums, or 36 Residential apartments with 2 bedrooms 2 bathrooms each unit (Est. Rent $1,850 Per Unit), with 94 Parking spaces. These 3 lots are located facing: (Lot 1 Bellevue St., Lot 2 Jean St. and Lot 3 South Caroline St.). Estimated cost to build the building it's around $4.7 million, and potential property value after construction over 9.4 million and up. This are estimated, and value will change according to market conditions. "Seller Financing Available if needed to facilitate purchase". Huge upside potential.
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0BEDS
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2.16ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
PRICE ADJUSTED FOR FAST SALE. 3 Parcels in total. 2.16 Acres. See Drawings to build attached reflecting a potential 14.71% CAP Rate, 36 Residential apartments. Can also build condominiums, or 36 Residential apartments with 2 bedrooms 2 bathrooms each unit (Est. Rent $1,850 Per Unit), with 94 Parking spaces. These 3 lots are located facing: (Lot 1 Bellevue St., Lot 2 Jean St. and Lot 3 South Caroline St.). Estimated cost to build the building it's around $4.7 million, and potential property value after construction over 9.4 million and up. This are estimated, and value will change according to market conditions. "Seller Financing Available if needed to facilitate purchase". Huge upside potential.
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