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106 Harrison St
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Development opportunity featuring 32 apartment units in Griswold
- Current asking price set at 550,000 dollars total
- Cost per unit calculated at 17,188 dollars
- Multifamily asset class located on Harrison Street
- Suitable for residential development and rental investment
What's Special
Priced at $550,000, this multifamily development opportunity at 106 Harrison St in Griswold, Iowa, provides a chance to establish a significant residential footprint. The site is approved for 32 apartment units, equating to an acquisition cost of $17,188 per unit. Griswold serves as a stable residential market in the region, offering a quiet environment for tenants while maintaining connectivity to broader infrastructure within the state. Developers and investors may find this project suitable for creating workforce housing or modern rental stock to meet local demand. The scale of this apartment building project allows for a focused construction plan in a community-oriented setting. Investors looking to expand their regional portfolio will note the potential for a substantial increase in local residential capacity through this development initiative. The property position within the 51535 zip code places it within reach of primary local transit routes and established neighborhood services.
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