Located in an opportunity zone, 320 Georgetown Place with over 18,000 sq ft above grade and an additional 2,000 useable sq ft in the basement. Building plans have already been submitted and approved to convert to a 20 unit building and adjacent parking lot. There is a possibility that more units can be added in the basement. Construction Company Recommendations available and in place. Listing price is $255,000.
Because we are converting the building into primarily (1) bedroom apartments with six (2) bedroom apartments we expect that the users of this project will be young professionals, students or young families.
Our main competitors will most likely be experienced investors who have taken on large scale projects such as entire building conversions.
Justin Johnson, (859) 287-2841