19 Acres Apartment Land

Vacant Land for Sale
Sale Pending
Also listed as Multi-Family
Catylist Listing ID: 30586024
Property Subtypes: Multi-Family
Status: Pending
Gross Land Area: 19 Acres
Sale Price: $1,495,000
Unit Price: $78,684 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2021

Overview / Comments

+/-19 acres for sale located on Hwy 211 between the St. James Community and Southport. The Site was recently rezoned to C-LD, which among other uses, permits up to 218 multifamily units. Please find conceptual site plan on following page.

The Hwy 211 corridor is a rapidly growing submarket that is anchored by a number of large master planned communities, new Lowes Foods anchored shopping centers such as Southport Crossings and Midway Commons as well as the Oak Island community and beaches.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 221AE001
Zoning: C-LD

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,654 16,583
Median Age: 52.23 53.74
Households: 3,575 7,667

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