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119 Van Buren St E - 119 W Van Buren - Multifamily Development Sit 2.58 Acres of Residential Land Offered at $3,000,000 in Battle Creek, MI 49017
Investment Highlights
- $12M in entitlements secured - advanced directly into development
- 199 units / 230 parking spaces
- Fully approved site plans, floor plans, and ALTA survey in hand
- incentive package and proforma available upon request
Executive Summary
A rare, fully entitled multifamily development opportunity in the heart of western Michigan. This 2.58-acre site is approved for 199 units and a community clubhouse, with site plans, floor plans, and ALTA Survey prepared and ready for transfer to a qualified developer. Entitlements are secured and plans are in place, allowing ownership to advance directly to the next phase of development without delay in a strong, growing, and under-supplied multifamily market.
Property Facts
| Price | $3,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 2.58 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | T-4 Downtown Commercial | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.58 AC |
| Opportunity Zone |
Yes |
| Zoning | T-4 Downtown Commercial |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 2.58 AC |
| Price Per AC | $1,162,790.70 |
| Price | $3,000,000 |
| Price Per AC | $1,162,790.70 |
| Lot Size | 2.58 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 3870-00-206-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $43,300 |
Property Taxes
Parcel Number
3870-00-206-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$43,300
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