Multi-Family

Riverdance Townhomes

Listing Price: Request For Offer

Investment Overview

The Riverdance Townhomes is a nearly shovel ready development site in Puyallup, Washington entitled for 20 town houses. The site is 87,120 square foot (~2.00 acres) of medium of Medium Density Multi-Family Residential (RM-10) land near the heart of Puyallup. The site is currently vacant land.
The opportunity for an investor is to develop the property into twenty 4 bedroom, 3 bath town houses ranging between approximately 1,700 and 2,450 square feet in area. The townhouses can either be sold off individually or operated as high end apartments. The seller of the property will provide all plans, drawings, site work, and reports pertinent to the development of the property. Recent new home sales in the area have ranged between $425,000 and $619,000.
The site is located off 18th Street Northwest near River Road in Puyallup, a bedroom community of nearby Tacoma. The nearest grocery store is Fred Myer which is located less than a mile to the East. Downtown Puyallup with all its restaurants and retail and the Washington State Fairgrounds are approximately 2 miles from the property. Sam Peach Park, which includes a baseball field is located only a few blocks from the property.
The Riverdance Townhomes is an excellent opportunity for a developer to acquire a well located nearly shovel ready development near the heart of Puyallup.

Investment Highlights

  • Entitled Site
  • Can build twenty 4 bedroom 3 bath homes
  • Recent home sales in the area have ranged between $425,000 and $619,000

Exclusively Listed By

Listing Price: Request For Offer

Investment Highlights

  • Entitled Site
  • Can build twenty 4 bedroom 3 bath homes
  • Recent home sales in the area have ranged between $425,000 and $619,000

Investment Overview

The Riverdance Townhomes is a nearly shovel ready development site in Puyallup, Washington entitled for 20 town houses. The site is 87,120 square foot (~2.00 acres) of medium of Medium Density Multi-Family Residential (RM-10) land near the heart of Puyallup. The site is currently vacant land.
The opportunity for an investor is to develop the property into twenty 4 bedroom, 3 bath town houses ranging between approximately 1,700 and 2,450 square feet in area. The townhouses can either be sold off individually or operated as high end apartments. The seller of the property will provide all plans, drawings, site work, and reports pertinent to the development of the property. Recent new home sales in the area have ranged between $425,000 and $619,000.
The site is located off 18th Street Northwest near River Road in Puyallup, a bedroom community of nearby Tacoma. The nearest grocery store is Fred Myer which is located less than a mile to the East. Downtown Puyallup with all its restaurants and retail and the Washington State Fairgrounds are approximately 2 miles from the property. Sam Peach Park, which includes a baseball field is located only a few blocks from the property.
The Riverdance Townhomes is an excellent opportunity for a developer to acquire a well located nearly shovel ready development near the heart of Puyallup.

Exclusively Listed By

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