±3.48 Acres Approved For 51 Units
Mecklenburg Highway & E. Waterlynn Road Mooresville NC 28115
- Price$1,887,000
- Acres3.48
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.
Broker:
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Nick Gonzalez, CCIM
Email
Details
Property Information
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Property Type
Land
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Land Type
Multifamily
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Acres
3.48
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Approved Units
51
Tax Information
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Zoning
Multifamily Land
Pricing & Terms
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Price
$1,887,000
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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.