Multi-Family
Approved 67 Unit Lot Washington Ave and 3rd St
1015 S 3rd St, Philadelphia, PA 19147
Listing Price: Request For Offer
Investment Overview
This prime location lot, with zoning already in place for the proposed development, presents an attractive investment opportunity for developers seeking to meet robust market demand for affordable housing options in urban areas. With a large unit count and potential for high ROI, developers can expect strong returns on investment. Additionally, favorable regulatory policies or tax incentives may further amplify the profitability potential of this venture.
Approved 67 Unit Lot Washington Ave and 3rd St
Investment Highlights
- Robust Market Demand: The development of 67 units on a prime location lot holds significant potential to meet the ever-growing market demand.
- High ROI Potential: The prime location and significant number of units afforded by this development translates into an attractive return on investment (ROI) potential for the investor from 10-15%.
- Favorable Zoning and Regulations: The fortuitous acquisition of a vacant lot, zoned appropriately for the proposed development use, is a rare find in the development sector.
Exclusively Listed By
Financing By
Investment Highlights
- Robust Market Demand: The development of 67 units on a prime location lot holds significant potential to meet the ever-growing market demand.
- High ROI Potential: The prime location and significant number of units afforded by this development translates into an attractive return on investment (ROI) potential for the investor from 10-15%.
- Favorable Zoning and Regulations: The fortuitous acquisition of a vacant lot, zoned appropriately for the proposed development use, is a rare find in the development sector.
Investment Overview
This prime location lot, with zoning already in place for the proposed development, presents an attractive investment opportunity for developers seeking to meet robust market demand for affordable housing options in urban areas. With a large unit count and potential for high ROI, developers can expect strong returns on investment. Additionally, favorable regulatory policies or tax incentives may further amplify the profitability potential of this venture.
Exclusively Listed By
Financing By
