Price: $750,000
INVESTMENT HIGHLIGHTS:
- Prior High Use Approvals
- Prior Site Approvals Show Plausible Uses
- Good Location for High Density Use
- Economic Zone With Expansion Planned and Occurring
EXECUTIVE SUMMARY:
- Strategic Location: Located in a central neighborhood with proximity to shopping, dining, and employment centers.
- Current Proposed Development Projects Will Increase Housing Demand. High Density Cluster Development Will Increase Occupancy and Revenue Generation.
- With limited housing supply in the region, a development like this will help addresses an urgent market need.
- A Strategically Crafted Plan Can Expect Strong Local and Agency Support For Investors.
Contact Broker for:
- Market Analysis: Demographics, rental trends, and growth opportunities.
- Financial Projections: Detailed income, expense, and ROI schedules.
- Development Strategy: Key phases of the project from acquisition to completion.
A High-Density Use Apartment Complex That Features Modern Amenities, Eco-Friendly Designs, and Community-Oriented Spaces, Creating a Desirable Living Environment Will Appeal to Both Home-Owners and Renters.
PROPERTY FACTS:
Property Type: Land
Sale Type: Investment
Property Subtype: Commercial
Sale Condition: Redevelopment Project
Proposed Use: Commercial
No. Lots: 1
Total Lot Size: 1.50 AC
Preliminary Site Plan: https://www.loopnet.com/viewer/pdf?file=https%3a%2f%2fimages1.loopnet.com%2fd2%2fGfXC0CFs2ARR3EgUSkyfixphla6WZNcAsUBhT6dXq00%2fPRELIMINARY%2520SITE%2520PLAN%252072115%25201%25202%25201%25201.pdf
Multifamily Redevelopment Report: https://www.loopnet.com/viewer/pdf?file=https%3a%2f%2fimages1.loopnet.com%2fd2%2fPdH-I05-0cjH8FpHWlJo7OG9txJ60-PwsCECs8BdLEs%2fOakdale%2520MultifamilyRedevelopmentJCity%25202.pdf
Site Plan Approval: https://www.loopnet.com/viewer/pdf?file=https%3a%2f%2fimages1.loopnet.com%2fd2%2fPcjsU7qDg98U7W7LZav1XHcafrQEF1Jjf1B-fJq_8Qw%2f157%2520Oakdale%2520Site%2520Plan%2520Approval%2520OCR%25202%25201%25201.pdf
Investment Flier: https://www.loopnet.com/viewer/pdf?file=https%3a%2f%2fimages1.loopnet.com%2fd2%2fJd3jPfeLcoNmTEIFAq18_gFbTiVElQyz9Cd4IOyy0lM%2fOM%2520157%2520Oakdale%2520Rd%25202%25201.pdf
For more information please visit: https://www.loopnet.com/Listing/157-Oakdale-Rd-Johnson-City-NY/34345730/
Or contact:
Bob Donnelly
(914) 649-8692