96-Unit Multi Family - BRICKYARD COMMONS
Multi-Family
for Sale
| Catylist Listing ID: |
30829954 |
| Property Subtypes: |
Mid-Rise
|
| Building Status: |
Proposed |
| Number of Units: |
96 Units |
| Building Size (RSF): |
16,980 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,500,000 |
| Unit Price: |
$15,625 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/26/2024 |
Overview / Comments
This highly anticipated and much-needed 96 unit multi-family development, currently fully Approved(shovel ready), permitted and Designed, is ready for construction. The Brickyard Commons neighborhood is a three-story, Class A, 96-unit multi-family development in Auburn, Maine. Residents of the Brickyard Commons community will enjoy an abundance of amenities, including close proximity to the Interstate for commuting purposes, local to all community restaurants, shopping & Several Golf Courses near by. The property will also provide residents with a walking trail and green space, giving a comforting sense of community.
Auburn Maine is 33 miles outside of Portland Maine a city known for its Urban atmosphere and excellent Ocean front amenities and home to many large corporate Companies. Auburn Maine is a reliably expanding community, with 24,061 residents and 131,894 in the local primary region with projected growth of 4.4% by 2027. Owners will have no problem maintaining low vacancies within the Brickyard Commons Community. This development is also approved as condo’s if a developer would rather build condo’s vs apartments.
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Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Taxing Authority: |
CITY OF AUBURN MAINE |
| Tax ID/APN: |
. |
| Zoning: |
RESIDENTIAL |
| Total Number of Buildings: |
8 |
| Number of Stories: |
3 |
| Year Built: |
2023 |
| Roof Type: |
Arched |
| Construction/Siding: |
Vinyl Siding |
| Parking Ratio: |
1.7 (per 1000 SF) |
| Parking Type: |
Surface |
| Total Parking Spaces: |
167 |
| Laundry: |
In Each Unit |
| Heat Type: |
Natural Gas |
| Heat Source: |
Heat Pump |
| Fuel: |
Gas |
| Internet Access: |
DSL |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,298 |
45,617 |
61,751 |
| Median Age: |
38.65 |
36.92 |
38.4 |
| Households: |
3,212 |
19,480 |
26,033 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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