2362 S Broadway

Rare opportunity to acquire a fully entitled and shovel ready 20 unit development along Broadway and Evans. The proposed plans include 13,145 of buildable square footage between three stories plus a rooftop deck. The plans call for predominantly 1 bedroom units that range between 450 square feet to 727 square feet. The seller's will close upon a receiving a permit. This is an excellent opportunity to put a shovel in the ground day 1 and not be burdened by expensive interest carry. Currently the property is a duplex with tenants in each unit. The lease specifies that landlord may terminate the lease with a 60 day notice at any point. Please reach out to the listing broker for a full plan and due diligence set.

Listing Office: MODUS Real Estate