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$335,000:
1109 Locust
Columbia, MO
Property Details:
| Bedrooms: | 8 |
|---|---|
| Bathrooms: | 7 |
| Floors: | 1 |
| County: | Boone |
| Type: | Commercial Property |
| Style: | 2 Story |
| Size (approx.): | 8400 |
| Owner Financing: | Yes |
| Owner / Agent: | Yes |
| Will Coop: | Yes |
Description:
Description
Location Location Location Land 2 blocks from the University of Missouri, Great for Highrise Student Housing on Campus, right down town, zoned commercial 1/2 acre all next to each other with tax increment financing (TIF) up to 20% of the project costs, and the ability to aquire more land if needed. We will assist the developer in buying additional land, zoning and TIF implementation, and anything else the buyer needs, call owner/broker 573-268-3766 *********The picture above is NOT a picture of the land, it is a picture of what could be there after development.********** University is currently renting 400 beds of off campus housing because they dont have space to house students and its growing with record enrollment. Partner to develop, sell, owner finance, trade for storage units, mobile home park, land with 5plus acre lake, possible owner carry flexible.
Columbia Missouri University of Missouri record school enrollment for 2 years, over 30,000 Plus students, student are being turned away no additional housing on campus available. 100% property rental occupancy area, every rental property with in 1/2 miles has 100% occupany with above rent rates for the area, No Brainer student housing with guaranteed income. Next to 3 hospitals, down town, 2 additional colleges 2-6 blocks away. Call Now before its gone. Student Housing 2009-2010
Study done on property;
http://www.discoverthedistrict.com/development_incentives.html
http://www.discoverthedistrict.com/pdf/sasaki/sasaki.pdf
http://thewatchword.files.wordpress.com/2009/01/columbiatif-appl2.pdf
http://reslife.missouri.edu/
This property's direct website address: www.HomesByOwner.com/10009
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