
Courtesy of: Richard Scheurer, CMS Strategic Partners, LLC
$4,695,000
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18 bed
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32.00 Bath (18 Full , 14 Half)
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Lot: 1.00 Acres
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Other
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$4,695,000
2303 Spencer Court 707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant 16 unit townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units. With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernized systems, and upgraded amenities designed to meet the expectations of today's urban renter or homeowner. Pictures do not represent current condition. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.
Courtesy of: Richard Scheurer, CMS Strategic Partners, LLC
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