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Investment Highlights

  • SWAC Charges are paid
  • level topography
  • street, curb, gutter, sewer in
  • All utilities at site
  • all utilities at site

Executive Summary

Located in OPPORTUNITY ZONE!
developed for multifamily, city is willing to work with developer, Approximately 4.86 acres. Shovel ready. Options: Affordable housing, senior housing, market rate or a mixture. PUD. Appears to allow for about 150+/- units. Located in Cambridge, vibrant area 45 minutes N of Twin Cities. located at the intersection of 16th Avenue SE and Emerson Road South

Property Facts

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 4.86 AC
Opportunity Zone Yes
Zoning R-3 - Multiple Family Residence District, High Density Residential

1 Lot Available

Lot

Price $1,500,000
Price Per AC $308,641.98
Lot Size 4.86 AC

Level topography, curb, gutter, sewer,streets in. Shovel ready. Options: Affordable housing, senior housing, market rate or a mixture. PUD. Appears to allow for about 150+/- units. Located in Cambridge, vibrant area 45 minutes N of Twin Cities

Description

Property is located in an Opportunity Zone. Vibrant community located 45 minutes north of the Twin Cities in need of housing. Opportunity for senior, affordable, market rate apartments, appears suitible for 150 +/- units on site. Easy access to Hwy 65.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
15.148.0010
Land Assessment
$10,000
Improvements Assessment
$0
Total Assessment
$10,000
  • Listing ID: 3993165

  • Date on Market: 11/10/2014

  • Last Updated:

  • Address: 805 17th Ct SE, Cambridge, MN 55008

Contact the Sale Advisor

805 17th Ct SE - Bridgewater Blk 1, lots 1-48

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