About 11872 87 Avenue
This almost 30,000 sq ft land assembly in the Annieville neighborhood of North Delta offers an exciting opportunity for multifamily development. Its location within 800 meters of Transit-Oriented Areas enhances accessibility. The new Delta OCP permits up to 6 story, allowing for flexible design and density. Major amenities are within walking distance, making it appealing to potential residents. The existing house generates $3,000 in rent (total land assembly rent is $10,000), providing immediate cash flow. The application submitted to the City of Delta for Approximately 89500 Sq Ft Buildable area for 119 Units in total. This land assembly involves 5 properties and must be sold in conjunction with 11868-87 Ave, 11854-87 Ave, 11853-86A Ave, and 11867-86A Ave.
More Info on this Annieville MLS® listing
11872 87 Avenue is a listing for sale in Delta. The MLS® number is R3062921. It's currently listed for $1,300,000. For more details on MLS® R3062921, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Annieville is available now!
Selling your Annieville property?
Have a similar home to 11872 87 Avenue? If you’re thinking about selling your Annieville property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Delta property.