For Sale
For Sale
-
Total Building Size
20,037 RSF
-
Overview
Located in DC-2 Zoning, site consists of two contiguous parcels for a total of 0.46 +/- acres. The current structure is comprised of 18 class C multifamily units ranging is size. Total building size is +/- 11,000sf. Owner reported data show a near complete occupancy. Rents in-line with market expectations and turnover with capital improvements as necessary. Unit mix is comprised of mainly studios and one bedrooms, which inherently demand higher $/sf rent.
Property Details
3rd Avenue S Development Site
Located in DC-2 Zoning, site consists of two contiguous parcels for a total of 0.46 +/- acres. The current structure is comprised of 18 class C multifamily units ranging is size. Total building size is +/- 11,000sf. Owner reported data show a near complete occupancy. Rents in-line with market expectations and turnover with capital improvements as necessary. Unit mix is comprised of mainly studios and one bedrooms, which inherently demand higher $/sf rent.
- Property TypeLand
- Submarket
- Total Building Size20,037RSF
- Total Acres0.46
- Building ClassC
- Sale StatusAvailable
- Property ID2052792
You Might Also Like
-
16,800sqft$1,500/mo
-
22,400sqft$2,000/mo