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  • $1,300,000
🏙️ **Prime Development Opportunity in an Opportunity Zone**

Seize the chance to capitalize on this exceptional development opportunity situated in an Opportunity Zone, offering significant tax benefits and incentives for investors. With zoning permitting the construction of a 9-story building up to property lines, this multi-family development project presents a lucrative prospect for developers and investors alike. Here s what this prime property has to offer:

**Key Features:**
1. **Opportunity Zone Benefits:** Enjoy the advantages of investing in an Opportunity Zone, with tax deferrals and incentives designed to stimulate economic growth and development in the area. Benefit from deferred taxes for up to 12 years, providing a favorable investment environment for long-term success.

2. **Development Potential:** Take advantage of the zoning regulations allowing for the construction of a 9-story building, maximizing the property s vertical potential. Build to property lines to optimize land usage and capitalize on the available space for residential or mixed-use development.

3. **Multi-Family Zoning:** The property is zoned for multi-family use, offering flexibility for developers to create residential units tailored to market demand. Explore various housing options, such as apartments, condominiums, or townhomes, to meet the diverse needs of potential residents.

4. **Scenic Views:** Enjoy breathtaking panoramic views of Mt. Rainier, the Cascade Mountains, the Olympic Mountains, and the Puget Sound, enhancing the appeal and value of the development. Capitalize on these stunning vistas to create desirable living spaces and attract discerning buyers or renters.

5. **Convenient Location:** Situated close to shopping centers, amenities, and transportation hubs, the property offers convenience and accessibility for residents. Access to public transportation and proximity to retail, dining, and entertainment options enhance the appeal of the development to prospective tenants.

6. **Parking Considerations:** Benefit from the city s flexibility regarding parking requirements, which can streamline the development process and reduce construction costs. Focus on optimizing space utilization and maximizing the project s efficiency without the burden of providing on-site parking.

**Investment Opportunity:**
This prime development opportunity offers the potential for significant returns on investment, supported by favorable zoning regulations, tax incentives, and the property s desirable location and amenities. With the demand for housing in the area and the attractiveness of the Opportunity Zone program, this project presents a compelling investment proposition for savvy developers and investors looking to capitalize on the dynamic real estate market.

Unlock the potential of this prime property in an Opportunity Zone and embark on a lucrative development venture with long-term benefits. Contact us today to explore this exceptional investment opportunity and secure your position in one of the region s most promising growth areas.
🏙️ **Prime Development Opportunity in an Opportunity Zone**

Seize the chance to capitalize on this exceptional development opportunity situated in an Opportunity Zone, offering significant tax benefits and incentives for investors. With zoning permitting the construction of a 9-story building up to property lines, this multi-family deve...

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