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±3.48 Acres Approved For 51 Units

Mecklenburg Highway & E. Waterlynn Road Mooresville NC 28115

  • Price
    $1,530,000
  • Acres
    3.48

Exceptionally rare opportunity in the fastest growing city in North Carolina- ±3.48 acres of zoned and entitled multifamily land-annexed into Mooresville with an in-place, already approved site plan for 51 units. Ready for construction drawings and building permits, this is a rare opportunity to hit the ground running on an approved project and skip the delays involved with rezoning and site plan approvals. Mooresville apartment rent and demand continues to be incredibly robust. Property has two rental homes onsite that can be leased for cashflow prior to building.

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Details

Property Information

  • Property Type
    Land
  • Land Type
    Multifamily
  • Acres
    3.48
  • Approved Units
    51

Tax Information

  • Zoning
    Multifamily Land

Pricing & Terms

  • Price
    $1,530,000
  • Comments
    Exceptionally rare opportunity in the fastest growing city in North Carolina- ±3.48 acres of zoned and entitled multifamily land-annexed into Mooresville with an in-place, already approved site plan for 51 units. Ready for construction drawings and building permits, this is a rare opportunity to hit the ground running on an approved project and skip the delays involved with rezoning and site plan approvals. Mooresville apartment rent and demand continues to be incredibly robust. Property has two rental homes onsite that can be leased for cashflow prior to building.

Property Documents

Aerial Map