Multifamily Development Site for Sale

1301 South 3rd

Property Size: 12.40 acres
Sale Price: $1,500,000.00
Listing Firm: Harley & Associates
Current As Of: 05/26/2010
Listing Contact: Tom Wolfe
Contact Telephone: 910-784-9800
Contact Email: twolfe@harleyassociates.com

Multifamily Development Site for sale, located on the northwest corner of 3rd and Greenfield Streets. The site has approximately 857' of frontage on Front Street. The property currently contains 261 individual apartments in twenty four (24) two-story masonry structures on 12.40 acres. Also on the property is a community building and a maintenance building. Total square footage of the structures is 192,000 +/- sq. ft. The property would be ideal for affordable multifamily development.