Description
Amazing opportunity to acquire an RTI (ready-to issue) development site to build 16 market rate units with the flexibility for one to draw up their own plans to build even more units (up to 24) utilizing the new Transit Oriented Communities (TOC) guidelines given the property's tier 1 classification which allows for a 50% density bonus, only 0.5 parking spaces per bedroom (only 24 required parking spaces if one wants to build all 2-bedroom units), and one additional story up to an additional 11 feet.The lot is vacant with no improvements. Contact agent for marketing flier.*Buyer to conduct own independent investigations regarding all matters, including how many units can be potentially built, square footage etc. While the information provided is based on reliable sources, Seller and broker make no warranties or representations of any kind.
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Amazing opportunity to acquire an RTI (ready-to issue) development site to build 16 market rate units with the flexibility for one to draw up their own plans to build even more units (up to 24) utilizing the new Transit Oriented Communities (TOC) guidelines given the property's tier 1 classification which allows for a 50% density bonus, only 0.5 parking spaces per bedroom (only 24 required parking spaces if one wants to build all 2-bedroom units), and one additional story up to an additional 11 feet.The lot is vacant with no improvements. Contact agent for marketing flier.*Buyer to conduct own independent investigations regarding all matters, including how many units can be potentially built, square footage etc. While the information provided is based on reliable sources, Seller and broker make no warranties or representations of any kind.
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