Description
** SALE PENDING WITH CONTINGENCIES** 1.12-acre development site located along 6th Avenue in Uptown Marion, zoned UTR-2 (Urban Transition Residential 2). Concept plans illustrate a 20-unit executive-level multifamily project featuring 2-bed/2-bath units with attached garages. Additional units may be feasible depending on final site configuration. Contact listing agent for details. Market analysis estimates housing demand from 2022-2030 as follows: Market Rate Rentals Needed: 595 units; Shallow - Subsidy: 306 units; Deep - Subsidy: 48 units.
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0BEDS
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1.12ACRES
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0BATHS
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01/2 BATHS
Description
** SALE PENDING WITH CONTINGENCIES** 1.12-acre development site located along 6th Avenue in Uptown Marion, zoned UTR-2 (Urban Transition Residential 2). Concept plans illustrate a 20-unit executive-level multifamily project featuring 2-bed/2-bath units with attached garages. Additional units may be feasible depending on final site configuration. Contact listing agent for details. Market analysis estimates housing demand from 2022-2030 as follows: Market Rate Rentals Needed: 595 units; Shallow - Subsidy: 306 units; Deep - Subsidy: 48 units.