Description
Location, Location , Location Pre-development 100% rental occupancy year round, students make housing recession proof, guaranteed returns, 2 Blocks from the University of Missouri, Record enrollment 5 years in a row, additional land for development(3-6 commercial lots), build 50-175 units, 3 colleges 1-6 blocks away and 3 hospitals in walking distance. Buy additional lots for parking, student housing or newer ground lease condos/ office/retail/ residential/student housing, downtown heart of Columbia business area, zoned commercial for mixed-use high density housing, in a tax increment financing business zone. Record enrollment for all the colleges and university with no room to house hundreds of students freshmen, graduate, nurses, vets, engineering, journalism, nursing students along with doctors, teachers, lawyers. Great campus projects build and sell or keep long term.
Send investor Collect $25,000 referrel fee,THIS IS DEVELOPMENT LAND, $$Million to be made, currently used as rentals, stays 100% rented year round with above average rents. The University of Missori has had record enrollment renting out large apartment complex busing students in from 3Plus miles away, due to lack of housing and has had to stop enrollment, over 36,000 students, with a student housing contract available $$$$$$
This property located right downtown Columbia Missouri 2 blocks from the University of Missouri in a Tax increment Financing area, develop into high density mixed-use housing or condos. I currently own land zoned commercial for development, no parking requirements, setbacks or screening, a parking garage 1/2 block away and another 1 blocks away.
There are additional lots available that can be bought next to mine to make this a large 300'x138' lot in the heart of the city. The city of Columbia is offering a bond up to 20-30% financing over 23 years to redevelop and half of what's called the EATS taxes or the economic activity taxes, which are basically the sales taxes, utility taxes, employee tax revenue generated.