Fatima Place Land Portfolio

Hyattsville, MD 20875

Offering Memorandum

The Offering

Summary

  • List Price $599,000
  • Total Lot Size 51,744 SF
  • Product Type Development Site
  • Potential Uses Residential & Limited Commercial
  • Lots 18
  • Contiguous Parcles 4
  • Maximum FAR SF 42,960 SF
  • Total Projected Townhome Dwellings 24

Investment Summary

Feldman Ruel is pleased to offer for sale the Fatima Place Land Portfolio, 18 lots totaling 51,744 square feet of developable residential land in Hyattsville, Maryland. This is a unique opportunity to construct a townhome project in close proximity to major arteries and parkland, and within a five-minute drive from the border of Washington, D.C. Subject to final permit approvals and developer preferences, approximately 24 townhomes could be constructed on a private cul-de-sac.

Investment Highlights

• 18 Lots of Land | Between 18 & 24 Townhomes Could be Constructed

• Seller Open to Creative Options in Addition to a Traditional Sale Structure
• Seller Financing Available to Qualified Buyers | 85% LTV, 4.25% I/O, & 3-Year Term

• Joint Venture Structures Also Considered

Listing Agents

Alex Petrov

Alex Petrov

Investment Associate
Direct: (202) 932-5082
Hannah McCann

Hannah McCann

Investment Associate
(240) 932-0009
Brandon Cardwell

Brandon Cardwell

Investment Associate
Feldman Ruel
(240) 932-0015