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5139 Wayne Ave
For Sale $1,095,000
$1,095,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 12,547 Sq Ft
Description
Select Commercial Advisors is pleased to present the opportunity to acquire and develop a multifamily residential 4-story elevator-serviced building with a green roof featuring +/- 34,500 square feet across 48 apartment units. The project will be delivered with a fully approved set of zoning and building permits. The site received the full 10-year Tax Abatement in 2021, meaning that the value of improvements is 100% abated for 10 years after construction. With expertly value-engineered plans, the project offers attractive unit layouts in a cost-effective design. As the Germantown/Wayne-Junction rental real estate market flourishes, take advantage of an entitled development opportunity in one of the city’s most dynamic neighborhoods! Broker of record has financial interest. Inquire for detailed offering memorandum and permit set.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,095,000 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 123215100 |
| MLS # | PAPH2418608 |
| Property ID | 294758525 |
| Lot Sqft | 12,547 |
| Zoning | RM1 |
| Days on Market | 16 |
| Original List Price | Unknown |
| Date Updated | November 15, 2024 |
| Date Created | November 11, 2024 |
Listing Provided By
Samantha Lee Miller an agent of . Lic #RS352351
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Data last updated: November 27, 2024.
Robert Crawford
REAL ESTATE AGENT