Description
6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other commercial/Industrial areas. Exemption from SEPA if 200 units or less is developed. Washington State multi-family tax exemption applies. HUD opportunity zone. Walking distance to medical centers. Future upper level units will have mountain views to the east. Development materials & income in the supplements. Price equates to 190 units at $17,500 per unit. Opportunity for a very profitable project.
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0BEDS
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0.77ACRES
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0BATHS
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01/2 BATHS
School Information
Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Dave Nelson Real Estate.
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Description
6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other commercial/Industrial areas. Exemption from SEPA if 200 units or less is developed. Washington State multi-family tax exemption applies. HUD opportunity zone. Walking distance to medical centers. Future upper level units will have mountain views to the east. Development materials & income in the supplements. Price equates to 190 units at $17,500 per unit. Opportunity for a very profitable project.
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