Investors, seize the prime opportunity in a thriving community with these two contiguous parcels, featuring high-density multifamily zoning for lucrative development.
INVESTOR/DEVELOPER opportunity
ABOUT THE PROPERTY
Welcome to an exceptional real estate opportunity in a thriving community! These two contiguous parcels, zoned for high-density multifamily development, come with a valuable bonus - a manufactured home on each property that can generate income as you plan your development. This unique feature ensures immediate revenue, making this investment practical and promising.
Strategically located near major freeways, schools, and a variety of dining and shopping options, these parcels are perfectly positioned for a multifamily development. Notably, a large parcel across the street is already capitalizing on the same development opportunity, highlighting the strong demand for multifamily housing in the area. Don't miss your chance to be part of this thriving real estate landscape.
DETAILS
SITE INFORMATION
Location | 2045 & 2051 E. Michigan Ave., Phoenix, AZ 85022
APN # | 214-71-153 & 214-71-154
MLS # | 6618440 & 6618441
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Size | 13,328 Sqft (0.31 Acre) Lot
Zoning | R4-A (High Density, Multifamily))
Developer Opportunity
HIGH DENSITY,MULTIFAMILY ZONING
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*This photo is a rendering meant for conceptual purposes only, and any actual construction must adhere to zoning and building requirements. The image serves as a visual representation of what the final project may look like, but should not be considered a final blueprint for construction.