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0000 N Garfield Woods Drive Traverse City, MI $ 2,950,000
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$ 2,950,000 Get more info
0000 N Garfield Woods Drive
$ 2,950,000
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New Construction
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0000 N Garfield Woods Drive

Traverse City, MI, 49686
$ 2,950,000
Bedrooms84 Baths84.0

Monthly Estimate*

$ 20,607

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Multi-Family Home for sale in Traverse City, MI

for $2,950,000 with 84 bedrooms and 84 full baths. This home was built in 2023 on a lot size of 8.04.

This is an incredible opportunity for a developer interested in constructing an 84 unit apartment or condo development in Traverse City - all of the preliminary work is DONE! This property and owner has ALL permits, building and site plans, engineering, and approvals in hand to begin work right away - it is truly shovel ready! The rental market continues to have immense needs in Traverse City, and this is a phenomenal opportunity to begin building on day one. With over 8 acres, lots of frontage on Garfield Road, access to shopping, the airport, Costco and others within a mile, and over 100 acres of conservancy property and Mitchell Creek Nature Sanctuary adjacent to this property, there are so many pluses. Inquire about development options, and get started on your legacy property!

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Multi-Family Active

Price

$ 2,950,000

Bedrooms

84

Full Bath

84

Property Type

Multi-Family

Taxes

$ 0

Style

Townhouse

Lot Size

8.04

Year Built

2023

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1920749
Features
General
Roof Asphalt
Zoning Planned Unit Development
Sewer Municipal
Construction Frame
School District Traverse City Area Public Schools
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Interior
Basement Slab
Interior Features Other
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Exterior
Exterior Features Countryside View Other
Water Features None
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* Excluded Features
List By
Reo-Tcrandolph-233022

Broker

(231) 714-4787

Phone

Affordability Calculator

$20,607
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,607
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2034238 Elementary School
2034116 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/3/2024$2,520,000 Listed Price

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0000 N Garfield Woods Drive, Traverse City, MI, 49686 is a Multi-Family Home for sale at $2,950,000 with a lot size of 8.04. 0000 N Garfield Woods Drive has 84 bedrooms, 84.0 baths, and was built in 2023. The property's zip code is 49686 which is in Traverse City, MI

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