Looking for a project that is truly ready to break ground? This approved 37-unit, 2-story apartment site represents a premier, "shovel-ready" opportunity in a market starving for new residential inventory. For investors and developers, this is the ultimate "plug-and-play" scenario. The heavy lifting of entitlements, zoning, and site approvals has already been meticulously completed, allowing you to bypass the years of bureaucratic red tape often associated with multi-family development. Simply finalize the existing plans for the final stamp, pull your building permits, and start construction!
The site is perfectly positioned in a tranquil, park-like setting that offers the quiet atmosphere tenants crave while maintaining strategic "hub" access to the region's largest employment centers. Whether your future residents work in the tech sector, healthcare, or education, they will enjoy an effortless commute to Rome, Syracuse, and Utica. This central location allows you to pull from three distinct rental markets, significantly de-risking your vacancy rates and ensuring a wide pool of qualified applicants.
Designed with versatility in mind, the site can be developed as a high-end market-rate community to capitalize on the regional economic boom or as a HUD-supported project to meet the critical demand for quality affordable housing. The two-story design is both cost-effective to build and highly attractive to a diverse tenant base, from young professionals to downsizing seniors who prefer the ease of suburban-style apartment living.
In a landscape where "buildable land" is often just an idea, this site is a reality. It offers the rare chance to secure a significant residential footprint in a stable, growing region with the infrastructure and permissions already in place. This is not just a piece of land; it is a high-yield asset waiting for its final phase of execution. Come and walk the site to see how this 37-unit vision can become a cornerstone of your development portfolio.