Viewing Listing MLS# 6986821
$1,700,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85040
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- N/AYear Built
- 2.08Acres
- N/AEst Age
- MLS# 6986821
- Land
- Land
- Active
- Approx Time on Market3 months, 28 days
- AreaN/A
- CountyMaricopa
- Subdivision 28th Street Lofts
Overview
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 answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction.Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.
Agriculture / Farm
Association Fees / Info
Hoa: No
Bathroom Info
Exterior Features
Garage / Parking
Interior Features
Lot Info
Lot Size Units: Acres
Lot Size: 126x37x130x175x199x199x214
Lot Sqft: 90604
Other
Special Listing Conditions: N/A
Other School Info
Property Info
Zoning: R-3
Tax Info
Tax Legal Description: LOT 2 28TH STREET LOFTS MCR
Tax Amount Annual: 3269.8
Unit Info
Unit: -
Utilities / Hvac
Water Source: City Franchise
Electric: SRP
Sewer: Public Sewer
Waterfront / Water
Listings courtesy of Kidder Mathews
MLS# 7029191 
