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1205 Wind Sail Drive

Wilmington, NC 28401
  • $2,199,000
  • STATUS: Active
  • ON SITE: 162 Days
  • MLS #: 100278280
UPDATED: 50 min ago
$2,199,000
  • 0
    BEDS
  • 16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Excellent income producing investment that adjoins the Ness Creek portion of the Cape Fear River in the quickly developing Castle Hayne market. The property is subdivided into 33 individual lots, 17 of which have fully leased modular homes that generate in excess of $17,000 a month in revenue. The existing layout facilitates further horizontal residential development with the opportunity to grow revenue immediately. The subject property is located less than 5 miles from Downtown Wilmington with nearby access to US Hwy 421, US 74/76, US 1-140, and I-40. The location provides easy access to the New Hanover, Brunswick, and Pender County Beaches. The Castle Hayne/Wilmington market boasts one of the country's most robust residential growth markets, with residential developments selling at premium prices due to a regional shortage in available housing. Financials are available with an executed NDA. Multiple access options are available. (See Survey Attached)

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-05T11:56:53.647.
www.ncbeachrealtygroup.com/homes/118732851
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1205 Wind Sail Drive Wilmington, NC 28401

  • Price: $2,199,000
  • Status: Active
  • On Site: 162 Days
  • Updated: 50 min ago
  • MLS #: 100278280
0
Beds
0
Baths
0
½ Baths
16
Acres
Neighborhood:
Other
County:
New Hanover
Area:
Wilmington
Property Description
Excellent income producing investment that adjoins the Ness Creek portion of the Cape Fear River in the quickly developing Castle Hayne market. The property is subdivided into 33 individual lots, 17 of which have fully leased modular homes that generate in excess of $17,000 a month in revenue. The existing layout facilitates further horizontal residential development with the opportunity to grow revenue immediately. The subject property is located less than 5 miles from Downtown Wilmington with nearby access to US Hwy 421, US 74/76, US 1-140, and I-40. The location provides easy access to the New Hanover, Brunswick, and Pender County Beaches. The Castle Hayne/Wilmington market boasts one of the country's most robust residential growth markets, with residential developments selling at premium prices due to a regional shortage in available housing. Financials are available with an executed NDA. Multiple access options are available. (See Survey Attached)
Exterior Features

Location Type Mainland Lot Dimensions irregular

Interior Features

Sq Ft Total Available 1120.00

Property Features

Auction No City Limits No Cobra Zone No Hoa Amenities No Amenities Hoa YN No New Construction No Property Taxes 296.64 Sale Lease Includes Land Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2020 Zoning R-20



Listing information © 2021 NCRMLS
Listing provided courtesy of Marcello M Caliva of Intracoastal Realty Corp.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-05T11:56:53.647.
 
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407 Atlantic Beach Causeway, Suite 6F
Atlantic Beach NC, 28512