Mallard Creek Apartment site

20.48 AC, Hope Mills, NC
Sale: $1,494,989

20.48 AC


This 20+ acre parcel is uniquely situated for successful multi-family developing for a variety of reasons:
1)already zoned for 216 units
2) immediately adjoining Gray’s Creek High School, one of Cumberland County’s higher rated schools
3) Seller offers a preliminary plat with one primary street containing 9-ea 3-story, 24-unit buildings as well as a clubhouse and pool – the one road follows the high ground and should result in a highly efficient development outlay
4) The community surrounding this site is a proven residential success with commercial support both established and expanding to support the residential community
5) Access to I-95 is a few minutes away
6) Primary access to the apartment site is controlled by a full service stop light at the closest intersection
7) All public utilities are to the site presently