

Tanglewood Multifamily - Elizabeth City
Multifamily development site with in-place zoning for 220 units.
Marketing description
The Tanglewood multifamily development site presents an opportunity to deliver a 220-unit, garden-style multifamily community within Elizabeth City’s most dynamic growth corridor.
Positioned along Tanglewood Parkway North, the 13.31-acre site benefits from immediate proximity to the new $278 million Sentara Albermarle Regional Health Campus, the U.S. Coast Guard base, and the expanding Halstead Boulevard retail corridor. The project is zoned for multifamily use, with utilities and infrastructure in place, allowing a near-term path to construction.
With limited new supply delivered to Elizabeth City in over a decade, Tanglewood is designed to capture pent-up demand while offering residents high-quality amenities in a walkable, mixed-use environment.
Investment highlights
Acres: 13.31
Zoning: Apartment District
Planned Units: 220
Site Area: 579,784 sf
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