Comstock, a prominent real estate developer, has recently finalized the acquisition of a highly sought-after parcel of land in the Washington DC area, signaling a major step towards the creation of luxury housing in the region. The parcel, secured for a price of $1.5 million, boasts existing entitlements for an impressive 117 dwelling units, making it a prime location for residential development. Additionally, the site encompasses approximately 11,000 square feet of retail space, further adding to its appeal.
Key Points:
– Comstock has successfully acquired a parcel of land in the Washington DC area for $1.5 million.
– The site includes entitlements for 117 dwelling units, making it ideal for luxury housing development.
– The parcel also features around 11,000 square feet of retail space, increasing its investment potential.
You can read this full article at: https://wrenews.com/comstock-completes-1-5-million-acquisition-of-dc-area-parcel-for-luxury-housing/
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