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100 S Cherry Street 100 Cherry st Lot | Terrain commercial | 0,48 ha | À vendre | Wallingford, CT 06492
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Informations principales sur l'investissement
- Great Location
- Ample Parking
- Tons of Space
Résumé analytique
The offering is a fully approved and fully permitted 66-unit multifamily development site located at 100 S Cherry Street, Wallingford, CT. The project is 100% shovel-ready, with all architectural, engineering, site, and environmental work completed and permits in place. Currently permitted/entitled via 8-30g; buyer may elect to pursue a standard (non-8-30g) approval path through revised site plan approvals. This should take a variance meeting and meeting with the board (ZBA) - Plans ready.
Approved Development
• 66 total units:
• (33) 1BR / 1BA
• (33) 2BR / 1.5BA townhomes
• 20 affordable units included (10 of each unit type)
• Designed for modular construction with Signature Building Systems, reducing build time and cost
Site & Utilities
• City water and sewer on site
• Wallingford Electric (municipal power; among the lowest costs in CT)
• All-sand soil conditions, ideal for development
• On-site materials included, valued at $150K–$200K
Financial Overview
• Estimated stabilized value: ~$19M
• Construction budget and stabilized pro forma available upon request
Expansion Potential
Adjacent parcels available separately allow expansion to 120+ total units, including:
• 110 S Cherry Street (~30 units)
• Rear parcel (10–12 units)
• 194 Ward Street (~16 units)
• Adjacent garage parcel (24–28 units)
Due Diligence Available
• Approval letter
• Site plans
• Phase I & II environmental
• Architectural plans
• Construction budget
• Signature Building Systems agreement
• Stabilized pro forma
Informations sur l’immeuble
| Type de vente | Investissement | Sous-type de bien | Terrain commercial |
| Condition de vente | Projet de requalification | Usage proposé | |
| Nb de lots | 1 | Surface totale du lot | 0,48 ha |
| Type de bien | Terrain |
| Type de vente | Investissement |
| Condition de vente | Projet de requalification |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Usage proposé | |
| Surface totale du lot | 0,48 ha |
1 Lot disponible
Lot
| Surface du lot | 0,48 ha |
| Surface du lot | 0,48 ha |
A fully approved + fully permitted 66-unit multifamily development located at 100 S Cherry Street, Wallingford, CT. This project is 100% shovel-ready, with architectural plans, site work, engineering, and environmental reports complete.
Description
100 S Cherry Street is a fully approved 66-unit multifamily development site in Wallingford, CT. The approved plans consist of a mixed product layout of condominiums and townhome-style units, including 10 condominium units and 10 townhouses designated as affordable housing. The balance of the project is market-rate housing, creating a well-diversified residential community. The site is fully entitled and designed for efficient construction, offering a turnkey opportunity for immediate development. This includes 82 Parking Spaces.
Présenté par
100 S Cherry Street | 100 Cherry st
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