30 Lot Subdivision
Multi-Family
for Sale
| Catylist Listing ID: |
30741607 |
| Property Subtypes: |
Duplex/Fourplex
|
| Building Status: |
Under Construction |
| Number of Units: |
39 Units |
| Building Size (RSF): |
1,300 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
9.90 Acres
|
| Sale Price: |
$398,500 |
| Unit Price: |
$10,217.95 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/5/2022 |
Overview / Comments
|
APPROVED 39 LOT SUBDIVISION, WHICH INCLUDES A DUPLEX WITH GARAGE FOR EACH UNIT. This project was approved several years ago, but was bought from the bank by the current owners, who have decided not to develop at this time. The road is rough graded in and utilities have been stubbed in on site for eventual hook up to municipal sewer and water. The subdivision is convenient to shopping, restaurants, schools, and only 45 mins from the Outer Banks. A unique opportunity to develop affordable housing for young people, retired, and the workforce.
|
Additional Details
| Nearest MSA: |
Kill Devil Hills |
| County: |
Tyrrell |
| Tax ID/APN: |
C075 38 001 |
| Zoning: |
NONE |
| Property Located Between: |
Outer Banks & Greenville |
| Highway Access: |
Off Hwy 64 |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
1 |
| Year Built: |
2018 |
| Roof Type: |
Arched |
| Construction/Siding: |
Vinyl Siding |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Zoning Description: |
none |
| In Flood Plain?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
893 |
893 |
| Median Age: |
44.68 |
44.68 |
| Households: |
368 |
368 |
|
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