Thursday, September 17, 2015

Two Acres Planned for Campbell Ave Townhome Development Sell for $3.8 Million

Parcel Area

2.15 net acres (2.62 gross) near the southeast corner of 24th Street and Campbell Avenue sold Tuesday for $3,825,000, or $41 per square foot of land. The site is planned for a 3-story residential project consisting of 46 townhome units. Family Development Group and Presidio Residential are the new owners of the land. No new loans were recorded with the transaction. The site is currently improved by 29 units of multifamily built in 1958-1972, set to be demolished.

For more information on this property including complete history, planning and zoning information, and buyer/seller contacts, visit us at our website or send us an email. We're happy to hear from you!


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