100Units.com presents a prime 64-unit multifamily redevelopment project, just two blocks from Stetson University. Phase One (75% complete) includes a 35,000 SF concrete brick building with 29 fully designed 1 Bed / 1 Bath units, featuring hardwood floors and 12-ft ceilings, plus an office space. Permits, framing, drywall, and re sprinklers are complete, with electrical and plumbing in progress. Phase Two consists of 16 additional 1 Bed / 1 Bath units, while Phase Three allows for 19 more 2 Bed / 2 Bath units.
The flat roof was redone in 2017, and all architectural, mechanical, and utility plans are fully approved and available upon request. This is a rare value-add opportunity for investors to complete and optimize a well-located multifamily asset.