Silver Chase Multi-Family Development Site

Silver Chase Multi-Family Development Site

St. augustine, FL
Available
  • Property Type: Development/Land
  • Property Size: / 19.68 Acres

Overview

Capstone Apartment Partners is proud to present the Silver Chase Multi-Family Development Site: a ±19.68-acre land site conveniently located on Highway 16 in St. Augustine, FL. Its location provides connectivity to I-95, as well as to the rest of the St. Johns County submarket. The parcel is currently zoned PUD/Non-Agricultural Use, which will allow for a density of up to 13 units per acre after entitlements are awarded. The site is ideal for a 256-unit, luxury Class A multi-family development catering to new families moving to the area.

Investment Highlights

  • Proximity to Silver Leaf Master Planned Community and High-End Retail
  • Home Value Growth Creates Ideal Opportunity for Class-A Multi-Family Product in the Area
  • St. Johns County Boasts the Highest Household Income in Florida
  • Submarket Unemployment Rate of 3.4% is One of the Lowest in Florida
  • Ease of Access and Connectivity to the Fast-Growing Jacksonville MSA

Contact Information

Cameron Hooper Investment Sales Advisor P: 904.923.5878
O: 800.746.3175 ext. 781
chooper@capstone-companies.com
Brian Hunsicker Senior Advisor P: 727.631.5870
O: 800.261.9464 ext. 700
h.brian@capstone-companies.com
Jad Richa Managing Director P: 727.282.5547
O: 800.261.9464 ext. 703
jad@capstone-companies.com
Tom Huffsmith Investment Sales Advisor P: 321.418.5224
O: 800.261.9464 ext. 706
tom@capstone-companies.com
Nasser Al-Hafi Investment Sales Advisor P: 407.284.7071
O: 800.261.9464 ext. 719
nasser@capstone-companies.com
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