Ann Arbor Real Estate Development Opportunity
Just west of State Street and a block from the North Quad, four single-family homes are being offered for sale as a potential site for a new Ann Arbor student housing highrise. The current owner, Daniel Pampreen, owns about 50 other properties in town and was once a partner in the rising Zaragon Place student housing project. The Washington Street properties offer a true "walking-distance" location to the North Quad and U of M Central Campus.
Because U of M has gone without building new housing since 1968, there is a pent up demand for student housing. Enrollment has grown moderately since that time. Other Ann Arbor student housing projects being built in the area:
- The Courtyards - Plymouth Road near North Campus
- 4 Eleven Lofts - Corner of Division and Washington
- 42 North - near Maple Road
- 601 Forest - South University and Forest
- Zaragon Place - 619 E. University
The Washington Street properties, a combined 14,347 sqft of land are currently being offered at $4.875 million (approximately $339.79 per sqft).
Please contact Kathy Toth and team for more information about this opportunity.
 |
FREE MLS Search - View Current Homes for Sale Search the local Ann Arbor MLS and find the homes for sale in your desired area. Stop looking through 3 different papers, get the whole Ann Arbor homes list here for FREE. Plus receive daily updates via email, for any new listings. All for FREE - no strings attached! |
homes and condos with pictures and tours - FREE!
Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty
What I want to know from readers, is what kind of content do you like?
We invite you to...
- Make a Suggestion
- Comment on our Blog (below)
- Subscribe to Receive Free Ann Arbor Updates
- Share this with your friends (below)
Listen to this post
You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
