Jump into your next development project, which is truly shovel-ready. Projected Gross Rent: $1,012,200 annually with a solid 6%+ Cap rate. 64 Dwelling Units: 52 one-bed/ one-bath, 11 two-bed/ one-bath & one office space. 40 accessory surface parking spaces (including two van-accessible spaces and three electric vehicle parking spaces), and 21 Class 1A bicycle parking spaces. No low-income housing requirement. An adaptive reuse project, with Completed Engineer Reports for the foundation and facade. All necessary documents, including plans, permits, reports, and surveys, will be provided to the buyer upon payment to the architect of $75,000 to release the plans. Don't miss this opportunity to invest in a lucrative real estate venture with minimal hassle!