9809 Macarthur Blvd

Description

49-unit, fully entitled, 100% affordable housing development project, eligible for state grant funding to finance the development. Seller financing is available with excellent terms! The approved project is for a 10,014 square foot flat lot with plans for a 37,360 square foot building offering 18,020 square feet of residential rental space, 7,500 square feet of supportive space, 11,825 square feet of common area space, and 23 street-level parking spaces. The proposed project will cover two parcels (046-5490-003 and 046-5490-004) with a 60-foot height limit and is zoned Neighborhood Center Mixed Use/CN-3. Amenities for the building include an entry lobby, exercise rooms, medical rooms, community conference room for up to 40 people, a computer lab, laundry rooms on each floor, an open-air deck, TV social lounge, bike storage areas, dog washing areas, and case management offices.

Listing information courtesy of: David Howarth, The Pinza Group, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.