Property details

New Missouri Class A Multifamily For Sale, Great Lakes - Big Rivers Region

Property Description

New Missouri Class A Multifamily For Sale

This is an Off-Market, Confidential, Controlled and Deliverable Property.

The owner just closed their construction loan and they are in full go mode right now.

This is an opportunity to get in early with a favorable acquisition price upon completion.

Located in a Major MSA City.

Successful developer has a Class A Multifamily site.

Approved for approx. 160 units.

Anticipated purchase price will be around $18M (below market value).

Get in early and lock this one up before it hits the market.

The owner will need to get comfortable with the buyer after a CA is signed.






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Highlights

Status:
Available
Price:
$18,000,000
 

Property Information

Property Type:
Apartments
Industry Type:
Apartment - Multifamily
Units/Spaces:
160
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.