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500 Block 4th st - Alpine Studios @ Seymour
7.5 Acres of Residential Land Offered at $2,200,000 in Seymour, IN 47274
Investment Highlights
- Approved High Density Apartment Site--208 units
- Within 1 Mile of Cummins Engine Offices and Plant & other International Manufacturing Firms
- All Engineering, Architectural Plans, ready to pull Building Permits
Property Facts
| Price | $2,200,000 | Property Subtype | Residential |
| Sale Type | Owner User | Total Lot Size | 7.50 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $2,200,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 7.50 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 7.50 AC |
| Price Per AC | $293,333 |
| Price | $2,200,000 |
| Price Per AC | $293,333 |
| Lot Size | 7.50 AC |
Description
7.5 acres R-3 zoned for 208 apartment units-- Level topography , Complete Engineering, Site plan, & complete Architectural Building Plans---ready to start construction. Two like kind completed sister developments that developer built out in the last 5 years are located on the S.W. & Southern Suburbs of Indianapolis, In.. Both of these developments achieved stabilized occupancy in less than 1 year of completion, and were sold to 3rd party investors. (Listing Realtor can arrange tours of these properties for qualified / interested parties of this listing.)
PROPERTY TAXES
| Parcel Number | 36-66-21-200-001.000-009 | Improvements Assessment | $0 (2023) |
| Land Assessment | $40,100 (2023) | Total Assessment | $40,100 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | Multi-Family (High Density Multi-family---28 units to the acre.) |
| Multi-Family (High Density Multi-family---28 units to the acre.) |
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500 Block 4th st - Alpine Studios @ Seymour
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