Cameron Management
Cameron Management
Listed by Cameron Management
$4,320,000
Mallory Creek Multi-Family Tract
Details
APN 05900009; 0590000920; 0590000921
Property Type Land
Sub Type Commercial
Price Per Acre $234,910
Acreage 18.390
Zoning C-1
Parking Spaces 1.90 per unit
Land | 18.39 acres
Marketing description
Mallory Creek Land & Timber is Pleased to Offer for Sale Approximately 18 Acres for a Proposed Class a Garden Style Multi-family Development. Based on the Conceptual Land Plan Prepared by H+w Design, the Property Can Accommodate 288 Units (3-story Walk-ups), Complete With Stormwater, Clubhouse, Pool, and Outdoor Amenities. The Concept is Surfaced Parked at a Ratio of 1.9 Spaces Per Unit. The Asking Price is the Greater of $4,320,000 or $15,000 Per Mf Unit.
The Property is Situated in the Town of Leland, Brunswick County, North Carolina. The Property is Currently Zoned C-1 by Town of Leland. The Site is Entirely Uplands, Pursuant to Jurisdictional Determination Notice Saw-2021-01942.
Investment highlights
- Asking Price of $4,320,000 or the Greater of $15,000/unit
- Parcel Id’s - 05900009, 0590000920, 0590000921
- 18.42 Acres With No Wetlands
- Conceptual Land Plan Supports 288 Units at a 1.9 Parks/unit
Listing Contacts
Cameron Management
Cameron Management
Listed by Cameron Management
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
