Investors GOLD MINE 1.5 blocks from University of Missouri! rezoned CP for Mixed-Use 60-100 multifamily/commercial development, University & the City of Columbia did a study of the area($100k)Downtown Columbia Business District, Their conclusion was to build Mixed-Use high density(Housing) and commercial on the land. The City of Columbia is offering Tax Increment Financing up to 20% on redevelopment, and additional lots available on locust with rapport of neighbors who want redevelopment! Looking for investor/partner to build Apartments/Student housing/lofts/condos by the University! Rentals 1.5 blocks from MU stay 100% rented with no advertisement but a yard sign, at rents of $1300-2000 per month for a 2-3 bed room on 60-100 units, your looking at an investment that has a guarantee return being so close to MU and the down town district. Th city is looking for ways to bring in more rental property and people to the location with support of the city, business and MU. Possible sell individual lot
573-268-3766 owner/broker
