Courtesy: Windermere R.E. Shoreline
WISE INVESTOR ALERT: Multifamily Tax Exempt Area (MFTE) allows for exemptions from ad valorem property taxation for 8, 12, and up to 20 years with the possibility of extensions, resulting in significant cost savings for the investor. The MU Zoning suggests significant development potential allowing for buildings of 4 to 6 stories. The approach of the light rail extension can enhance the value of the property appealing to potential tenants prioritizing easy access to transit options.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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Arrows indicate 90 day trend
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