256 unit apartment project shovel ready to build! Comps. 100% leased

Topic Author
David White
11 years 2 months ago #12450 by David White
ATTN: Real Estate Developers/Investors, Asset Managers, and private individuals:
Rare opportunity to purchase apartment site. Asking price includes all permits, entitlements, studies, surveys, architectural, mechanical, civil plans, etc. No unanswered questions on this project. Comparables to the site are 100% occupied with 5 to 6 month waiting list with high rents as rents are increasing monthly. Best location within this Southeastern state with all utilities properly sized and stubbed to site with new signalized interchange designed to service the site with approx. 38,000 per day car count. Great visibility and all commercial, restaurants, healthcare within walking distance. Property is within the district of the best schools in state. Local banks available that want to loan on this deal if you don't have your financing in line. Asking price $1,650,000 which works out to $6,400 per unit but will consider a somewhat creative transaction for the right buyer with a quick closing. Realistically you could be under construction within 60 days and still lock in on a good rate if you close on your financing in short order. Contact: 615-812-2115 or reply here. Addressed to David.
11 years 2 months ago #12450 by David White
Topic Author
ROBERT A. WILES
1 year 3 weeks ago #642044 by ROBERT A. WILES
I am a VA broker being paid by my client who is looking for shovel ready apartment project. Can you tell me where this opportunity is located?

Thanks. Bob Wiles.
1 year 3 weeks ago #642044 by ROBERT A. WILES
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1 year 2 weeks ago #642094 by Brent Williams
Bob, this opportunity is located in the past. 10 years ago to be precise...
1 year 2 weeks ago #642094 by Brent Williams