Catylist Listing ID: 30214647
Property Subtypes: Multi-Family
Gross Land Area: 8.50 Acres
Sale Price: $990,000
Unit Price: $116,470 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2018

Overview / Comments

+/-8.5 Acres located west off of Ripley Road, south of Rolston Road. The property has +/-1,000 ft. of frontage on the Shiawassee river and is directly across the street from Ponemah Lake Estates. The development could accommodate up to +/-90 residential units and the city is open to single family, condos, apartments, mixed development or senior/assisted living.

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 61-20-200-010
Zoning: R-4 HIGH DENSITY MULTI FAMILY RESIDENTIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,991 25,538 44,610
Median Age: 40.4 40.6 40.26
Households: 1,552 10,219 17,551
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