Description
This is a great opportunity to have sellers develop and build 15 townhomes, an excellent investment opportunity! This parcel is less than 1/2 mile from well-sought-after NoDa, the Arts & Entertainment District of Charlotte, and has been given city approval for units to be 4bd 2.5bth, 3 story, 1800-1900 sqft with garage space. With the estimation of 350-375k+ resale value per townhome unit (conservatively). We also have the backing from a local financial institution to allow the future purchase of the individual townhomes, with them being a primary residence, to be 100% financed over a 30-40 year amortization. This is also a great opportunity for future ARBNB! Builders get your best offer in as deals like this don't come around often! 9 units are approved, an additional 6 can be with an extra 150k.
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0BEDS
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0.78ACRES
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0BATHS
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01/2 BATHS
School Information
Offered by Carolina Sky Real Estate Group, Llc: 704-995-4204. Copyright 2023 Canopy MLS. All rights reserved.Description
This is a great opportunity to have sellers develop and build 15 townhomes, an excellent investment opportunity! This parcel is less than 1/2 mile from well-sought-after NoDa, the Arts & Entertainment District of Charlotte, and has been given city approval for units to be 4bd 2.5bth, 3 story, 1800-1900 sqft with garage space. With the estimation of 350-375k+ resale value per townhome unit (conservatively). We also have the backing from a local financial institution to allow the future purchase of the individual townhomes, with them being a primary residence, to be 100% financed over a 30-40 year amortization. This is also a great opportunity for future ARBNB! Builders get your best offer in as deals like this don't come around often! 9 units are approved, an additional 6 can be with an extra 150k.
Based on information submitted to the MLS GRID as of 2023-03-30T23:33:17.243 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carver Pressley, REALTORS® nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.
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