$2,299,000
For Sale

0 APPROVED 57-UNIT TOWNHOME DEVELOPMENT

Shelby, MI 48315
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

*APPROVED 57-UNIT TOWNHOME DEVELOPMENT* Extremely RARE opportunity to purchase a fully engineered multifamily development project in a highly desirable area of Shelby Township, Michigan. Attractive and efficient townhome designs by award-winning architect Martini-Samartino Design Group feature 1,650 sq. ft., 2 bedroom and 2 bathroom designs with a one car, front entry garage. Area comparable sales support sales prices up to $350K+. This project can be sold as condominiums or leased as a luxury rental community. Formerly the soccer fields of Macomb Church, the site features easy access off Schoenherr Road, just North of 22 Mile Road. Sale includes engineering plans, architectural plans, and permits.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • RegionShelby Twp
      • CountyMacomb
      • School DistrictUtica
  • Other
      • MLS #20240040934

Location

Slater Signature HomesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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