Development Opportunity-neasr WESU

Middletown, CT (Middlesex County)

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Asking Price: $893,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

Development Opportunity-neasr WESU

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Property Description

For Sale:Near WESU. DEVELOPMENT OPP. Approved for 38 dwellings-rental or sale units. 5.86 acres great location near WESU. Engineering and Architectural design work complete. Cul-de-sac location facing town park with rear property along Coginchaug River. 6 buildings allow for phasing of construction and financing. $23,500/unit. Public sewer & water.

Detailed Information

Location:
Middletown, CT
Type:
Other Business Real Estate
Building Status:
Permitted
Facilities:
5.86 acres of land surrounding WESU. To be developed and built $23,500/unit - 38 units. Public water & sewer.
Location Description:
Surrounded by active, diverse community of people with downtown, area shopping and restaurants blocks away. WESU staff and students could be likely long term renters or sale of individual units for a small complex in desirable area. Lots of diversity, cultural and dining experience in downtown just blocks away with lots of foot traffic. A demographic area that sports $92,913 as average household income.
Business Website:
http://www.lymanre.com
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Eric Reisner

Property Listed By:
Eric Reisner

Lyman Real Estate

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Sponsoring Broker:
Ron Lyman

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