About The Property

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, 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 answerRead MoreRead Less
Courtesy of Kidder Mathews 602-513-5200
Listing Snapshot
Days Online
188
Last Updated
Property Type
Land
Lot Size
2.08 Acres
MLS Number
6986821
M. Logan
Top 2% performing AZ broker
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Additional Details

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Lot
2.08 acres, 90,604 sqft
Property
Zoning: R-3
Sewer
Public Sewer
Taxes
Annual amount: $3,270, Lot: -
Utilities
SRP
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30 Days Snapshot Of 85040
$345k
-7%
(avg) sold price
12
+50%
homes sold
75
+44%
(avg) days on market
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Monthly Payment
$0

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