Description
OPPORTUNITY ZONE knocks! Land ready to develop 100 unit plus in the Port Orchard OZ. R2 zoned. City encouraged a site specific re-zone to R3 for a potential 100+ units. Opportunity Zone investments presents the investor/developer substantial tax benefits & deferred tax obligations. Additionally the demand for apartments in South Kitsap is very strong with low vacancy rate. CBRE Market Report for the area substantiates the need for apartments now and for 5 - 10 years. Utilities in street.
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0BEDS
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2.7ACRES
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0BATHS
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01/2 BATHS
School Information
Listing Courtesy of Old Towne Realty.Description
OPPORTUNITY ZONE knocks! Land ready to develop 100 unit plus in the Port Orchard OZ. R2 zoned. City encouraged a site specific re-zone to R3 for a potential 100+ units. Opportunity Zone investments presents the investor/developer substantial tax benefits & deferred tax obligations. Additionally the demand for apartments in South Kitsap is very strong with low vacancy rate. CBRE Market Report for the area substantiates the need for apartments now and for 5 - 10 years. Utilities in street.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-03-04T00:13:52.29.