Autumn Oaks Apartments and Land 203 Lanier Rd Lot | Terrain residentiel | 2,23 ha | À vendre | 2 149 785 € | Madison, AL 35758
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Zoned Multifamily with Incentive District benefits
- Improved with 17 existing apartment units - provides immediate cash flow
- Coveted Madison City Schools & walkable to Middle School
- Within historic downtown Madison - very walkable
- Located in nexus of Huntsville's major employment nodes
RÉSUMÉ ANALYTIQUE
DATA ROOM Cliquez ici pour accéder à
INFORMATIONS SUR L’IMMEUBLE
| Prix | 2 149 785 € |
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain residentiel |
| Usage proposé | Logement |
| Surface totale du lot | 2,23 ha |
| Zonage | R-4, Multifamily District - Multi-family zoning and in the Downtown Redevelopment Incentive Overlay District which relaxes height, parking and other requirements. |
1 LOT DISPONIBLE
Lot
| Prix | 2 149 785 € |
| Prix par ha | 965 860,82 € |
| Surface du lot | 2,23 ha |
5.5-acre corner lot walkable to downtown Madison, zoned R-4 Multifamily
DESCRIPTION
Unique "covered land play" opportunity featuring 5.5 acres total, where 2.3 platted acres are improved with 17 existing one-story apartments in good condition that rent for $1,100/month, plus 3.2 acres of adjoining vacant land under same ownership. All 5.5 acres must be sold together. Site represents the largest contiguous available site in downtown Madison, and one of the last remaining zoned multifamily development sites in Madison. Site would be ideal for: 1) 140+ unit multifamily redevelopment (3-4 story, surface-park apartments) including Active Adult apartments; 2) "for sale" townhome or condo product; 3) enhance existing units and add additional units to vacant land; or 4) adaptive reuse to mixed-use or commercial (would require rezoning). Rent roll and financials available.
