This land/development site (26 residential units plus commercial first floor as office/retail) is available for sale and/or as a joint venture. Currently, planned as a class "A" commercial / residential development on 1.13 acre (approx. 49,467 SQFT). The Sweet Acacia project would consist of five stories and approximately 42,956 square feet of building area including a first floor lobby and retail space. The project offers 106 parking spaces, 76% of which would be structured parking providing a unique, state-of-the-art automated vehicle storage system with EV charging stations. Investment/joint venture information includes: 3-5 year hold period, 9% pref return (classA1, A2), 22% and target IRR.
Listing courtesy of Total R E Consultants Inc. Contact: