This is one of the last undeveloped lots in the area. The owner has plans for a 7 unit project of either apartments or condos. With apartments, the cap rate would be close to 5 and with condos, the ROI is off the charts. Verify number of units with City as information has come directly from owner. Bring your investors, developers, builders or anyone else looking for a great return.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
