7216 aurora n

Green Lake Apartments is a unique opportunity to acquire a nearly entitled multifamily development site on the Northern end of Green Lake. This prominent corner lot features 8,735 square feet of land with frontage on Aurora Avenue N, and is zoned NC3P-55(M), which could support development of up to 41 SEDUs. The Project is well along in the MUP permitting process in its current iteration as 29 market-rate units. This opportunity offers the potential to reduce the pre-development period for a developer, allowing them to achieve stabilized yields within a shorter time frame.